Comments
Credit Analysis and Research’s Rs 540-crore initial public offering was subscribed about 41 times according to data on the exchanges.
The rating agency’s issue got bids for 24.9 crore equity shares as against the public offer of 61.19 lakh shares.
The price band for the IPO had been set at Rs 700-750 a share.
None of the proceeds of the offer will be utilised by CARE, and all the proceeds will go to the selling shareholders.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.