Advanced Enzyme IPO subscribed 89%

The QIB portion was subscribed 41%, while HNI portion was subscribed 17%.

Jul 20, 2016 05:07 IST India Infoline News Service

IPO
The IPO of Advanced Enzyme was subscribed 89% on day one, according to NSE data.
The QIB portion was subscribed 41%, while HNI portion was subscribed 17%.
The public offer has  gathered around Rs. 123 crore from 15 anchor investors.
The company has fixed price band of Rs 880-896 per share for IPO. The issue will close on July 22. 

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