The Leela Hotels IPO: Issue fully subscribed on final day


The Leela IPO Subscription Details: Hotel Leela’s initial public offering (IPO) was fully subscribed on the third and final day of bidding, Wednesday, May 28. According to data from the National Stock Exchange (NSE), the IPO received bids for 6,30,53,782 shares, surpassing the 4,66,10,169 shares on offer.

Category-wise subscription status

At the last count (13:26 pm), The Retail Individual Investors (RIIs) segment saw a response of 22 per cent of the allocated portion subscribed, according to the NSE data.

The Non-Institutional Investors (NIIs) category recorded a 17 per cent subscription.

In contrast, the Qualified Institutional Buyers (QIBs) showed strong interest, subscribing 2.31 times their allotted quota.



Source link

Author Profile
Managing Director at Bitlance Tech Hub | 09158211119 | [email protected] | Web

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.

Leave a Reply

Your email address will not be published. Required fields are marked *