Clean Science, GR Infraprojects Among 10 Most Subscribed IPOs So Far In 2021

Employees walk through the atrium of the National Stock Exchange of India Ltd. (NSE) building in Mumbai (Photographer: Dhiraj Singh/Bloomberg)

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.

Also read: Clean Science & Technology IPO: All You Need To Know

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

Also read: Clean Science & Technology IPO: What Brokerages Have To Say

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

Also read: GR Infraprojects IPO: What Brokerages Have To Say

Also read: GR Infraprojects IPO: What You Need To Know

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