Global Surfaces IPO opened for subscription on 13 March, and the issue got oversubscribed 12 times at close, with total bids of 9,46,14,400 lakh shares. Qualified institutional buyers (QIBs) subscribed 8.95 times of their reserved portion. Retail investors bid for 5.12 times of the shares reserved. The NII portion garnered 33 times oversubscription. The IPO […]
