IPO News: If you have also invested money in any IPO in the last 3 days, then know this important thing…!


IPO News: If you have also invested money in the IPO of Sigachi Industries and PB Fintech, then know how many bids have been received by the company’s IPO in just 3 days. The IPO of Sigachi Industries has been well-liked by the investors. The company’s IPO was opened for subscription on 1 November and today i.e. on 3 November was the last day of subscription. At the same time, PB Fintech has also received good response from investors.

101.90 times subscribed on last day
On November 3, the last day of subscription, the company’s IPO was subscribed 101.90 times. Till Tuesday, the company’s IPO was subscribed 23.1 times.

IPO was opened on 1st November
Let us tell you that when this IPO was opened on November 1, it was fully subscribed in the first 1 hour itself. The total issue size of Sigachi Industries was 53.86 lakh equity shares. At the same time, investors have bid for 54.88 crore equity shares. Retail investors bid 80.47 times their share of the reserve share quota.

PB Fintech IPO subscribed 16.6 times
Let us tell you that the IPO of PB Fintech, owner of Policybazaar and Paisabazaar has also given great response by the investors. The company’s IPO has been subscribed 16.6 times on the last day. Bids have been received for 57.23 crore equity shares against the offer size of 3.45 crore equity shares. The company will issue a fresh issue of Rs 3750 crore in this IPO. At the same time, shares worth Rs 2267.5 crore will be issued through offer for sale.

How many bids did Fino Payments get?
The initial public offering (IPO) of Fino Payments Bank was subscribed 2.03 times on the last day of the issue on Tuesday. According to the data of the stock exchanges, bids were received for 2,32,46,150 shares for the IPO of 1,14,64,664 shares.

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