Non Institutional Investors give thumbs up for ARSS Infra IPO

The Non Institutional Investors portion of the IPO of ARSS Infrastructure Projects Limited has received overwhelming response with bids for 31283985 equity shares against the offer of 251219 equity shares resulting in a subscription of 124.5287 times.

The Corporates have bid for 22825530 equity shares under the Non Institutional Investors quota.

Individuals (Other than Retail Individual Investors) have bid for 8265420 equity shares and other have subscribed for 193035 equity shares.

Source : Equity Bulls

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