The listing price of aten papers & foam iPo was below what the green market was pencilling in. Ahead of its listing, the aten papers & foam iPo gmp was nil, indicating that investors expected the stock to list at par, rather than at a discount.
Aten Papers & Foam IPO Details
The Initial Public Offering (IPO) of Aten Papers & Foam was open for subscription from June 13 to June 17 at a fixed price of 96 per share.
The Public offer was an entryly fresh issue salary of 33 lakh shares, Aiming to Raise 31.68 Crore.
Aten Papers & Foam iPo Had Seen a Decent Demand, Garnering 1.49 Times Bids. Overall, the IPO Garnered Bids for 46,70,400 Shares as Against 31,34,400 Shares on Offer.
The retail portion was subscribed 2.17 times, the non-institutional investor portion was favored 0.66 times, and the Qualified Institutional Buyers PORTION PORTION RECEVED 2.91 Times bids.
The minimum lot size for an application was set as 1200 shares, requiring an investment of at least 1,09,200 by the retail investors.
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