CosmicTaco

Enviro Infra Engineers IPO Oversubscribed 89.90 Times

CosmicTaco · 2024-11-27T00:41:59.411415+05:30

- Enviro Infra Engineers' IPO saw massive demand, oversubscribed 89.90 times on the final day. - QIB portion led with 157.05 times subscription, followed by NII at 153.80 times, and retail at 24.48 times. - Raised ₹195 crore from anchor investors; IPO valued at ₹650 crore with shares priced between ₹140-₹148. Source: [Mint](https://www.livemint.com/market/ipo/enviro-infra-engineers-ipo-subscribed-89-90-times-on-day-3-of-issue-qibs-bid-highest-latest-gmp-here-11732633856191.html), [The Economic Times](http://economictimes.indiatimes.com/markets/ipos/fpos/c2c-advanced-systems-ipo-gets-116x-subscription-despite-bid-withdrawal-option-after-sebi-scrutiny/articleshow/115702059.cms), [The Economic Times](https://economictimes.indiatimes.com/markets/ipos/fpos/enviro-infra-ipo-subscribed-89-90-times-on-final-day-of-bidding/articleshow/115700735.cms)

Enviro Infra Engineers' IPO saw massive demand, oversubscribed 89.90 times on the final day.
QIB portion led with 157.05 times subscription, followed by NII at 153.80 times, and retail at 24.48 times.
Raised ₹195 crore from anchor investors; IPO valued at ₹650 crore with shares priced between ₹140-₹148.

Source: Mint, The Economic Times, The Economic Times