Clean Science, GR Infraprojects IPO Subscription Updates: Day 1
The initial public offers of Clean Science & Technology Ltd. and GR Infraprojects Ltd. fully subscribed on the first day of subscription, led by demand from retail investors.
The three-day maiden offers, closing on July 9, comprise offers for sale by promoters. While Clean Science is selling shares at Rs 880-900 to raise Rs 1,546.62 crore, GR Infraprojects has set the price band at Rs 828-837 aiming to garner Rs 964.4 crore.
Clean Science & Technology: Subscription Details
The IPO was subscribed 1.74 times as of 5 p.m. on July 7.
Institutional investors: 0.01
Non-institutional investors: 2.19 times
Retail investors: 2.54 times
Clean Science & Tech IPO: Research Reports
GR Infraprojects: Subscription Details
The IPO was subscribed 2.34 times as of 5 p.m. on July 7.
Institutional investors: 0.49 times
Non-institutional investors: 2.68 times
Retail investors: 3.25 times
Also read: GR Infraprojects IPO: What You Need To Know
The company has raised Rs 283.20 crore from 22 anchor investors prior to the IPO.
GR Infraprojects IPO: Research Reports