India, Aug. 13 -- Update | August 13, 19:11 IST

The IPO of BlueStone closed with an oversubscription of 2.7X, with investors bidding for 4.46 Cr shares as against 1.65 Cr shares on offer.

The portion for QIBs was subscribed the most at 4.28X, getting bids for 3.7 Cr Cr shares against the 88.6 Lakh shares on offer. In this, FIIs placed bids for 1.7 Cr shares and domestic financial institutions bid for 48.3 Lakh shares.

The retail investor portion saw 1.35X subscription, receiving bids for 41.2 Lakh shares against 30.6 Lakh shares on offer.

The NII portion didn't see a complete subscription. NIIs placed bids for 25.3 Lakh shares as against 45.9 Lakh shares reserved for them, translating to 55% subscription.

Original | August 13, 16:11 ...