The issue was subscribed 0.13 times on day 2.
The price band has been fixed at Rs295-300 per share.
Bids can be made for a minimum lot of 50 equity shares and in multiples of 50 Equity Shares thereafter.
The equity shares are proposed to be listed on the BSE and NSE.
The Company expects that the benefits of listing of Equity Shares will be to enhance visibility and brand image and provide liquidity to Shareholders.
Equirus Capital Private Limited is the sole Book Running Lead Manager (“BRLM”) to the Issue.