IPO Information: The inventory market fell for the fifth consecutive day, but Awfis Area Options planted its flag – Awfis Area Options IPO made a good debut on the Dalal Avenue listed on premium – 2024-06-02 21:16:55

by times news cr

2024-06-02 21:16:55
New Delhi: The inventory market is down even in the present day. At 10:15 am, the BSE Sensex is down by greater than 400 factors. At present is the fifth consecutive session wherein the inventory market is down. Even then, the shares of Workplace Area Options (Awfis Area Options) made a superb begin on Dalal Avenue.

How a lot did the checklist price

On the Nationwide Inventory Trade or NSE, the inventory listed at Rs 435, a premium of 13.58 per cent. On the Bombay Inventory Trade or BSE, it listed at Rs 432.25, up 12.86 per cent. The IPO comprised a contemporary share sale of Rs 128 crore and an offer-for-sale (OFS) of 1.22 crore shares. Promoter Peak XV Companions V and different shareholders Bisk Ltd and Hyperlink Funding Belief participated within the OFS.

There was loads of funding

Traders had invested closely within the IPO of Workplace Area Options (Awfis Area Resolution). On the day its bidding closed, it obtained 108.56 occasions extra subscription. The corporate is attempting to lift Rs 598.93 crore by way of this IPO.

what was the worth band
Workplace Area Options Restricted had mounted the worth band of its concern shares of face worth of Rs 10 between Rs 364 and Rs 383 per share. The corporate had mounted a complete lot measurement of 39 shares. In such a scenario, retail buyers needed to make investments a minimal of Rs 14,937 and a most of Rs 1,94,181 on this IPO.

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