Considering the upper price band of Rs 115, the stock is expected to list at a premium of 130%. The public offer of Alpex Solar was subscribed 300 times at close. The category reserved for retail investors was booked 350 times and that of NII investors was subscribed 500 times.
The public offer of Alpex Solar was subscribed 300 times at close. The category reserved for retail investors was booked 350 times and that of NII investors was subscribed 500 times.
​Alpex Solar IPO continued to garner a bumper response from investors on Friday, the second day of the bidding process with an overall subscription of nearly 51 times.