Nirmal Foods IPO subscribed 12 times on the last day
Retail investors bid for six times their quota.
By Imran Sheikh
· 1 min read
Photo: Illustration: Pennypot Business (synthetic)Key points
- Retail investors bid for six times their quota.
- Who is affected first, and how.
- What to watch for next.
The announcement came at a short briefing, and a written note with the full figures is due online.
What happens next
Officials said a public feedback window will stay open for 15 days.
Also read: Greenrail Logistics IPO: dates, price band and what to read first
This is a demo story: every name, place, organisation and figure in it is fictional.
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