Sea TV Network IPO Subscribed

Sea TV Network Limited which had launched its IPO in a price band of Rs 90 to Rs 100 to raise Rs 50.20 crs was well received and oversubscribed. The issue had opened on Monday the 27th of September and closed on Wednesday the 29th of September. The overall subscription was 9.58 times and was very well received by the HNI’s who subscribed the issue almost 41 times.

Details of the subscription by various categories of investors are as follows: –

Category Shares Offered Shares Subscribed Times
QIB 2888888 4630535 1.66
NII 836667 34253830 40.94
Retail 1952222 14539265 7.45
Overall 5577777 53423630 9.58
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