The final day push came in from qualified institutional buyers (QIBs), who put in bids for 11.5 times the shares reserved for the category. The retail portion of the IPO was also subscribed 1.35 times.
The issue that opened for subscription on Tuesday, April 25, and closes on Thursday, April 27. The company has fixed the price band at ₹1,026 to ₹1,080 per equity share for the proposed initial public offer.
Tracxn Technologies, the leading global market intelligence providers for private company data has received bids of 1,15,43,445 shares against the offered 2,12,69,714 equity shares, at a price band of ₹75-80, according to the data available on the stock