{
Apex Ecotech Ltd.

Companies

}

Apex Ecotech IPO sees 421 times subscription amid strong investor demand

Apex Ecotech's initial public offering (IPO) closed with an impressive subscription rate of 421 times, raising Rs 25.54 crore through a fresh issue of 34.99 lakh equity shares priced between Rs 71-73. Non-institutional investors led the demand, subscribing 1,182.7 times their quota, while retail and qualified institutional buyers subscribed 329.8 and 136.4 times, respectively. The funds will be utilized for working capital, general corporate purposes, and IPO expenses.
Moneycontrol
Indian Rupee Apex Ecotech Ltd. Abha Power AND Steel Ltd. IND
Finance & Economy, Market Report
14:38 29.11.2024
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