The issue was heavily subscribed across all categories, fetching an overall subscription of 56.68 times. QIB quota fetched 70.5 times bids, whereas the NII portion was subscribed 37.66 times. Retailers’ allocation got 43.66 times bids.Analysts tracking the issue said that a rebound in primary market sentiments, robust gains by Syrma SGS Technology on listing and a strong business model are behind the strong demand for DreamFolks shares.
Subscribe To Our Free Newsletter |