S Chand IPO A Hit, Oversubscribed 59 Times On Last Day

New Delhi: The initial public offering of textbook publisher S Chand and Company saw solid investor demand as it was oversubscribed 59.28 times on the last day of offer on Friday. The IPO received bids for 45,56,00,794 shares against the total issue size of 76,85,284 shares, data available with the NSE till 17:45 hours showed. S Chand had raised nearly Rs 219 crore from anchor investors on Tuesday. The price band for the offer is ...