Gurans Laghubitta to allot IPO on Thursday

May 08, 2019 Merolagani

Gurans Laghubitta is set to allot the IPO on May 9. The company issued 233,625 units of shares from April 29.

According to NIBL Ace Capital, the IPO is oversubscribed by 20 times. The 42,600 applicants sought 4,548,000 units of shares in the issuance.

Out of the total issue, the company has allocated 3,875 units of shares to employees and 12,500 units to mutual funds.

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