Indian Energy Exchange IPO: Issue Subscribed 65% So Far On Day 3

Indian Energy Exchange IPO: Issue Subscribed 65% So Far On Day 3

As the initial public offering of Indian Energy Exchange enters the third day, the issue was subscribed 65 percent as of 1:00 pm, data available with the NSE showed.

The IPO received bids for 34,30,665 shares against 42,45,508 shares on offer, as per NSE data.

Indian Energy Exchange (IEX) on Saturday garnered a little over Rs 300 crore from anchor investors.

IEX plans to raise Rs 1,001 crore through its initial share sale offering. It has fixed the price band of Rs 1,645- 1,650 per share for the issue. Read More…

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