Omnitech Engineering IPO Subscribed 13% on Day 2, Raises Rs 174 Cr from Anchor Investors
Omnitech Engineering IPO Subscribed 13% on Day 2, Raises Rs 174 Cr from Anchor Investors
- •Omnitech Engineering Ltd's IPO received 13% subscription on the second day of bidding.
- •The company garnered bids for 24,94,866 shares against 1,89,09,890 shares on offer.
- •QIBs and RIIs categories each saw 13% subscription, while non-institutional investors had 11%.
- •Omnitech Engineering previously raised over Rs 174 crore from anchor investors.
- •The Rs 583-crore IPO, with a price band of Rs 216-227 per share, concludes on February 27.
