Azad Engineering sold its IPO in the price band of Rs 499-524 apiece, with a lot size of 28 equity shares. The issue ran from December 20 to December 22.
Azad Engineering is expected to announce its share allotment status on Tuesday, December 26.The shares of Azad Engineering were subscribed 80.6 times.
India Business News: The allocation of shares for the Azad Engineering IPO will be completed on December 26 through a lottery system overseen by the ...
The issue was subscribed a total of 80.65 times during the bidding period, with the IPO opening for subscription on December 20 and closing on December 22.
Azad Engineering IPO GMP: Shares of the company are available at a premium of โน301 in the grey market today, say market observers.