Indian Energy Exchange will make its debut on exchanges on Monday, October 23. The issue price is fixed at Rs 1,650 per share, the higher end of the price band.
The Rs 1,001 crore initial public offer has received good response from investors, with the issue getting oversubscribed 2.28 times.
It was the first IPO by a power exchange in the country.
On last day, the issue received total bids for 1.2 crore shares against IPO size of 52,75,889 shares.
The reserved category of qualified institutional buyers was oversubscribed 2.56 times, non-institutional investors 85 percent and retail investors 2.61 times.
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