Inox Wind IPO subscribed 18 times

The IPO received bids for over 43.08 crore shares as against the issue size of more than 2.32 crore shares.

Mar 21, 2015 04:03 IST India Infoline News Service

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The initial public offer of Inox Wind was subscribed 18 times on the last day of the share sale.
The IPO received bids for over 43.08 crore shares as against the issue size of more than 2.32 crore shares.
The company has allocated shares worth Rs 306 crore to anchor investors.
This is the biggest IPO since June 2013.

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