The initial public offering (IPO) of Prostarm Info Systems Limited (PISL) which opened on Tuesday, May 27, witnessed an overall response from investors to 3.03 times so far.
The company has launched the IPO to raise up to Rs 168 crore through a fresh issue of 1.6 crore equity shares. The issue will be closed on Thursday, May 29, 2025.
Subscription status
Among all categories, Non-Institutional Investors (NIIs) showed the highest interest, subscribing to 5.24 times until 4: 03 pm on Tuesday.
While, the Retail Individual Investors (RIIs) category also received bids of 3.80 times the shares on offer.
Meanwhile, the Qualified Institutional Buyers (QIBs) category saw a lukewarm response on the first day bidding process, with only 0.02 times of the reserved shares being bid for.
(This story will be updated shortly)
Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
