Clean Science, GR Infraprojects Among 10 Most Subscribed IPOs So Far In 2021
GR Infraprojects Ltd. and Clean Science & Technology Ltd. were among the top 10 most subscribed initial public offers so far this year on receiving overwhelming response from investors.
While the highway developer emerged as the sixth most subscribed offer, the specialty chemicals maker bagged the seventh spot.
The maiden offers, closed on July 9, comprised offers for sale by promoters. While Clean Science sold shares at Rs 880-900 to raise Rs 1,546.6 crore, GR Infraprojects had set the price band at Rs 828-837 aiming to garner Rs 964.4 crore.
Clean Science & Technology IPO: Day 3
The issue was subscribed 95.54 times on close at 5 p.m.
Institutional subscription: 159.93 times
Non-institutional subscription: 211.12 times
Retail subscription: 9.20 times
GR Infraprojects IPO: Day 3
The IPO was subscribed 105.45 times on close at 5 p.m.
Institutional subscription: 168.58 times
Non-Institutional subscription: 238.04 times
Retail subscription: 12.55 times