//]]> //]]> Indian Stock Market Analysis: Likhitha Infrastructure Limited IPO subscribed 8.426 times and Retail part subscribed 21.13 times on last day

Thursday, October 1, 2020

Likhitha Infrastructure Limited IPO subscribed 8.426 times and Retail part subscribed 21.13 times on last day

The initial public offer (IPO) of Likhitha Infrastructure Limited subscribed 8.426 times on Thrusday the last day of the offering data from stock exchanges show.

Likhitha Infrastructure Limited had set a price band of Rs 117-120 per share and the IPO closed on 01st October.

The portion of shares reserved for non institutional investors was subscribed 5.40 times, while shares reserved for retail investors was subscribed 21.13 times.

Likhitha Infrastructure's initial public offer has been extended till 7th Oct and the price band has also been revised lower to Rs 116-120 per share, according to an update on the NSE.

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