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Investors subscribe Western Carriers' IPO 79% times offer size on first day

Business Standard LogoBusiness Standard21h ago

Investors subscribe Western Carriers' IPO 79% times offer size on first day - Business Standard

Quick Summary:

JM Financial and Kotak Mahindra Capital Company are the book-running lead managers to the offer.

The Kolkata-based company's initial public offering (IPO) is available for subscription in the price range of Rs 163 to Rs 172 per share.

The Retail Individual Investors (RIIs) part received 1.41 times subscription while the quota for non-institutional investors got subscribed 38 per cent.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-13 @ 19:08:22 (21 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 374 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22493949

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 201 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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