Advanced Enzyme Technologies IPO over subscribed 4.28 times

The issue has received bids for 33,13,936 shares as against the total issue size of 32,34,059 shares.

Jul 21, 2016 06:07 IST India Infoline News Service

The initial public offering (IPO) of Advanced Enzyme Technologies was over-subscribed 4.28 times on Day 2.
The IPO has received bids for 138.39 lakh shares as against 32.34 lakh shares offered by the company. 
The company raised Rs 122.85 crore by allotting 13.71 lakh shares to 15 anchor investors. 

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