Investors in mad rush commit Rs 1.2 lakh crore for 3 IPOs seeking just Rs 2,400 crore

Investors in mad rush commit Rs 1.2 lakh crore for 3 IPOs seeking just Rs 2,400 crore

The three IPOs of Urban Company, Shringar House and Dev Accelerator received overwhelming demand from investors as investors committed a cumulative amount of Rs 1.22 lakh crore. Urban Company pocketed the highest bids for nearly 1000 crore shares as against 10 crore shares on offer. The issue, which was priced at Rs 103, received bids … Read more