Garuda Construction IPO Subscribed 1.9 Times On Day 1
October 8, 2024
The initial public offering (IPO) of Garuda Construction and Engineering saw strong demand on its first day, with subscriptions reaching 1.91 times the total offer size on Tuesday. The IPO garnered bids for 38,015,666 shares, exceeding the 19,904,862 shares available, as reported by the NSE. The retail individual investors (RIIs)...
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