As per the capital, a total of 1,277,059 applicants have applied for 13,785,220 units of shares. The issue has been oversubscribed by 2.68 times.
Given that the issue is oversubscribed, the allotment took place as per Securities Issuance and Allotment Directive under which 515,788 applicants were provided 10 units of shares through lottery.
Currently, the company has a paid-up capital of Rs 2.40 billion. The capital will reach Rs 3.30 billion after the capitalization of the IPO.
