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The initial public offer of Shemaroo Entertainment has been oversubscribed by seven times on the final day of the offer, according to information available with the exchanges.
The ₹130-crore issue, priced in the range of ₹155-170 a share, saw good demand from all categories of investors.
The institutional investor category was subscribed 5.7 times and the high net worth investor segment was subscribed 8.6 times. The portion of retail investors, who were offered 10 per cent discount, was subscribed 7.8 times.
Shemaroo had raised about ₹36 crore from anchor investors, which included Birla Sun Life MF and HDFC MF, at ₹170 a share ahead of its IPO.
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