Vibhor Steel Tubes will finalise the basis of allotment of IPO shares by February 16, and will credit equity shares to the demat accounts of eligible investors by February 19
Vibhor Steel Tubes IPO: As per BSE data, the IPO recorded a subscription of 298.86 times on Day 3. By 6:51 pm, the issue received 1,07,36,25,300 bids against 35,92,445 shares on the block. The offering received more than 28 lakh applications and bids worth Rs 16,211 crore as per some estimates.
The mainboard segment will have only one IPO, and five companies are slated for debut on the bourses, while in the SME segment, there will be three IPOs opening for subscription and four corporates making their debut
Capital Small Finance Bank IPO has received observations letter from the SEBI on January 8, Krystal Integrated Services on January 11 and Vibhor Steel on January 12.