Happy Forgings IPO gets subscribed 82 times devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Happy Forgings IPO: The Rs 1,009-crore offer comprises a fresh issue of 47 lakh shares worth Rs 400 crore and an offer for sale of 71.59 lakh shares worth Rs 608.59 crore
The initial public offer (IPO) of Happy Forgings was subscribed 5.03 times so far on the second day of the bidding process on Wednesday. The categories reserved for retail investors and NIIs were subscribed 5.7 times and 9.78 times, respectively. There was just a 6% subscription in the QIB portion.
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