Nitesh Estates which had launched its IPO which opened on Friday the 23rd of April and closed yesterday the 27th of April. The issue price band was Rs 54-56. The issue was subscribed 1.16 times.
| Category | Shares offered | Shares Bid | Subscription Ratio |
| QIB | 26651800 | 67767000 | 2.5427 |
| NII | 11250000 | 2516400 | 0.2237 |
| Retail | 26250000 | 4211600 | 0.1604 |
| TOTAL | 64151800 | 74495000 | 1.16 |
The issue will in all probability be priced at Rs 54.
