Polycab IPO gets strong demand on first day after PE firms, SWF come as anchor investors
Advertisement

Polycab IPO gets strong demand on first day after PE firms, SWF come as anchor investors

By Ankit Doshi

  • 05 Apr 2019
Premium
Polycab IPO gets strong demand on first day after PE firms, SWF come as anchor investors
Credit: Polycab India Ltd

Electrical products maker Polycab India Ltd’s initial public offering (IPO) saw strong demand on the first day on Friday, with the issue nearing the three-fourth mark thanks to bids by institutional investors. The public offering of 17.63 million shares, excluding the anchor allotment, was subscribed 71.4% after receiving bids for 12.6 ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.
Advertisement
Advertisement
Google News Icon

Google News

Follow VCCircle on Google News for the latest updates on Business and Startup News