Capacity Infraprojects, a Mumbai-based construction company, whose initial public offer (IPO) saw a whopping 186-times subscription, will list its shares on the exchanges on Monday (September 25). The stock will be listed on both NSE and BSE. Issue price of Capacity Infraprojects is fixed at Rs. 250 per share. However, analysts expect its' shares to list at a premium given the strong subscription of its IPO and the company's growth outlook. Capacity Infraprojects has a track record of timely project execution and an order book of Rs. 4,600 crore, which gives revenue visibility, says, analysts.
With 186 times subscription Capacit'e Infraprojects' IPO becomes the most subscribed IPO of 2017. The portion of Capacity Infraprojects' IPO reserved for non-institutional investors was subscribed 651 times while the portion reserved for Institutional investors was subscribed 134 times.
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