Business

Shares Of Devyani International And Windlas Biotech Sold Out

Shares of Devyani international and Windlas Biotech sold out, may be listed on this date.

Devyani International and Windlas Biotech’s IPO sold out. Where Devyani International’s IPO got subscribed 116.71 times.

On the other hand, the initial public offering (IPO) of Windlass Biotech was subscribed 22.46 times on the last day.

Windlass Biotech is a pharmaceutical formulation company. While Devyani is the largest franchisee of Pizza Hut, KFC, and Costa Coffee in India.

The listing of shares of these two companies can be done on August 17. The allotment of shares will be final on August 11.

Bids were received for 13,13,77,91,700 shares for the Rs 1,833 crore IPO of Devyani International. The size of the IPO is 11,25,69,719 shares.

The eligible institutional buyer’s segment was subscribed 95.27 times, non-institutional investors 213.06 times, and retail investors 39.51 times.

Fresh shares worth Rs 440 crore have been offered under the IPO. Along with this, an offer for sale of 15,53,33,330 equity shares has been brought.

Windlas Biotech received more bids.

As per NSE data, bids were received for 13,77,39,750 shares for the three-day IPO of Windlas Biotech. The issue size was 61,36,252 shares.

The eligible institutional buyers (QIBs) segment was subscribed 24.40 times, non-institutional investors 15.73 times, and retail investors 24.27 times.

Windlas Biotech IPO issues fresh shares.

Under Windlas Biotech IPO, new shares worth Rs 165 crore have been issued and 51,42,067 equity shares have been offered for sale.

The price range for the Rs 401.53 crore IPO was fixed at Rs 448-460 per share.

Along with this, offers from two more companies came. These included Exxaro tiles and Krishna Diagnostics (Krsnaa Diagnostics ipo news).

The company’s IPO was opened on Wednesday and applications for this were taken till 5 pm on Friday. 71,12,099 shares were offered for Krsnaa Diagnostics.

Another IPO is opening on August 10, know what will be the price band.

Hug Week Another IPO is hitting the market. The name of this company is Aptus Value Housing Finance.

According to the company, a price band of Rs 346-353 per share has been fixed for the initial public offering (IPO) of Rs 2,780 crore.

The company said that the IPO will open for applications on August 10 and close on August 12.

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