Tarsons Products' IPO subscribed 77.5 times on final day

The ₹1,024-crore initial public offer (IPO) of Tarsons Products was subscribed 77.5 times on the last day of its issue. The qualified institutional buyers' portion was subscribed 115 times, the non-institutional investors' portion 184 times and retail portion 10.5 times. It plans to use ₹62 crore of the proceeds towards capital expenditure and ₹78.5 crore towards paring debt.