New Delhi: Inox Wind's over Rs 700-crore initial public offer (IPO) saw subscription of 59 per cent on the second day of the share sale on Thursday.
The integrated wind energy firm's IPO received bids for 1,37,47,005 shares against 2,32,01,121 scrips on offer, data available with the NSE showed.
The retail category was subscribed 77 per cent and the portion reserved for qualified institutional buyers (QIBs) saw 55 per cent subscription, as per figures updated at 5:00 p.m.
The price band for the integrated wind energy firm's initial share sale has been fixed at Rs 315-325 apiece.
Earlier this week, Inox Wind had announced that it would allocate a little over 94.25 lakh shares for Rs 306 crore to anchor investors.
Goldman Sachs India Fund, Swiss Finance Corp (Mauritius) Ltd, Indus India Fund (Mauritius) Ltd, IDFC Infrastructure Fund and Sundaram Mutual Fund A/C Sundaram Equity Multiplier are among the anchor investors.
The IPO, which opened on Wednesday, would close on Friday.
The public issue consists of a fresh issue of shares and an offer for sale of 1 crore equity shares (including anchor portion).
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
