The initial public offer (IPO) of Equitas Small Finance Bank Limited subscribed 1.95 times on Thursday the final day of the offering data from stock exchanges show.
Equitas Small Finance Bank Limited had set a price band of Rs 32-33 per share and the IPO closed on 22nd October.
The portion of shares reserved for non institutional investors was subscribed 0.22 times, while shares reserved for retail investors was subscribed 2.08 times.
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