New Delhi, Aug. 18 -- Mahendra Realtors IPO allotment: Mahendra Realtors' initial public offering (IPO) closed for subscription last week, and now investors keenly await the allotment of shares. Mahendra Realtors' IPO allotment date is fixed as today, August 18.

Mahendra Realtors IPO, which was open for subscription from August 12 to August 14, received a stellar response for its offering. The retail portion was booked 25.59 times, the NII portion 27.02 times and the QIB portion 43.57 times. Overall, the issue was booked 25.15 times.

The issue was a combination of a fresh issue of Rs.40.17 crore and an offer for sale of Rs.9.28 crore. The IPO worth Rs.49.45 crore was priced in the range of Rs.75 to Rs.85 apiece.

Mahendra Realtors IPO o...