Advanced Enzyme IPO subscribed 115.74 times

The IPO has received bids for 37,42,96,176 shares as against 32,34,059 shares offered by the company.

Jul 22, 2016 06:07 IST India Infoline News Service

IPO
Advanced Enzyme Technologies IPO was oversubscribed by 115.74 times.
The IPO has received bids for 37,42,96,176 shares as against 32,34,059 shares offered by the company. 
The company has fixed price band Rs 880-896 per share for the initial public offer.
The IPO will close on July 22.

The QIB portion was subscribed 94.28 times, while HNI portion was subscribed 393.10 times, Retail portion was subscribed 11.13 times.

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