Based on the current GMP, the listing price may hover around Rs 288, reflecting a Re 1 discount from the IPO’s upper price band.
Qualified institutional buyers (QIBs) led the bidding with a subscription of 3.54 times, followed by Retail Individual Investors (RIIs) at 3.10 times, while Non-Institutional Investors (NIIs) subscribed to 0.97 times by the end of the subscription period.
The company develops, constructs, owns, operates, and maintains large-scale solar and wind energy projects.
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