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SBFC Finance IPO subscribed over 70 times on final day of bidding
short by Nidhi Sinha / on Monday, 7 August, 2023
SBFC Finance's IPO was subscribed 70 times by the evening of the final day of bidding (August 7). Investors bid for 936.55 crore equity shares against an offer size of 13.35 crore. Retail investors bought 10.96 times their allotted quota. Meanwhile, the portion set aside for employees, who will get ₹10.25 crore worth of shares, was subscribed 5.84 times.
read more at Moneycontrol