Dilip Buildcon’s Rs 654 crore IPO gets subscribed 21 times
The Rs 654-crore initial public offering of infrastructure firm Dilip Buildcon attracted massive demand as the offer got subscribed by around 21 times on the last day of bidding today.
The public issue received bids for over 44.37 crore shares as against more than 2.13 crore on offer, generating a subscription of 20.77 times, according to the National Stock Exchange (NSE) data.
Dilip Buildcon (DBL), a Bhopal-based road construction company, is all set to hit the market with its initial public offering (IPO) on Monday.
Allotment of the IPO is done by the entity called the Registrar identified by the listing Company. Registrar for the Dilip Buildcon IPO is LINK INTIME INDIA Pvt Limited.
Lead Managers to the Issue
Axis Capital Ltd
IIFL Holding Ltd
JM Financial Institutional Securities Ltd
PNB Investment Services Ltd
Listing At: BSE & NSE
Registrar to the Issue
Link Intime India Pvt Ltd
Check Dilip Buildcon IPO Allotment Status – Click here