New Delhi, Nov. 3 -- Safecure Services' initial public offering (IPO), which closed for bidding last week, would likely see the finalisation of its allotment status today, November 3.
Safecure Services IPO witnessed muted demand for its share sale, with the issue subscribed 1.81 times as of the last day of the bidding process on Friday. The retail investor quota was subscribed 3.31 times, and the non-institutional investor (NII) portion was booked 0.32 times.
Safecure Services IPO had opened for bidding on October 29 and closed on October 31.
Safecure Services was a fixed-price issue of Rs.30.60 crore. The IPO is a fresh share sale of 0.30 crore shares, priced at Rs.102 apiece.
Following the closure of the IPO, investor focus is now o...
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