QIB portion of Infinite Computer Solutions IPO subscribed 48.4435 times

The Initial Public Offering (IPO) of Infinite Computer Solutions India Ltd received excellent response from Qualified Institutional Buyers (QIBs) with their portion garnering subscription of 48.4435 times.

The Qualified Institutional Buyers (QIBs) portion has received bids for 195035840 equity shares against the offer of 4026050 equity shares resulting in a subscription of 48.4435 times.

Out of the Qualified Institutional Buyers (QIBs) portion, Foreign Institutional Investors (FIIs) have bid for 116338080 equity shares, Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) have bid for 29413760 equity shares, Mutual Funds have bid for 44257960 equity shares and Others have bid for 5026040 equity shares.

Source : Equity Bulls

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