Advanced Enzymes Over Subscribed

Advanced Enzyme IPO oversubscribed 116 times on strong response The issue, which oversubscribed 115.74 times, has received bids for 37.4 crore equity shares against IPO size of 32.34 lakh shares (excluding anchor investors' portion), as per data available on the exchange. 

he issue, which oversubscribed 115.74 times, has received bids for 37.4 crore equity shares against IPO size of 32.34 lakh shares (excluding anchor investors' portion), as per data available on the exchange. The reserved portion of high networth individuals oversubscribed 393 times followed by qualified institutional buyers 94 times and retail 10.48 times.


Source: Moneycontrol