QIB portion subscribed 49.3442 times in ARSS Infrastructure IPO

The Qualified Institutional Buyers (QIBs) portion of the IPO of ARSS Infrastructure Projects Limited has received subscription of 49.3442 times with bids for 74377365 equity shares against the offer of 1507317 equity shares.

The Foreign Institutional Investors (FIIs) have bid for 44894040 equity shares.

The Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) have subscribed for 13066605 equity shares.

The Mutual Funds have bid for 12276930 equity shares and other have bid for 4139790 equity shares.

Source : Equity Bulls

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