//]]> //]]> Indian Stock Market Analysis: Mindspace Business REIT IPO subscribed 120% on second day

Tuesday, July 28, 2020

Mindspace Business REIT IPO subscribed 120% on second day

The initial public offer (IPO) of Mindspace Business Parks REIT subscripted 120% on tuesday the second day of the offering data from stock exchanges show.

Mindspace Business REIT has set a price band of Rs 274-275 per share and the IPO closes on 29 July.

The portion of shares reserved for institutional investors was subscribed 83%, while shares reserved for other investors was subscribed 165%.