Divgi Torqtransfer Systems’ IPO subscribed 5.44 times
Mumbai: The ₹412-crore initial public offering (IPO) of Pune-based auto parts manufacturer Divgi Torqtransfer Systems, backed by Infosys co-founder Nandan Nilekani, was subscribed 5.44 times on Friday, the final day of bidding. This is the first IPO of 2023. The portion reserved for retail investors was subscribed 4.31 times, while the category for non-institutional investors … Read more