Bulletin Updates

Indian IPO fully subscribed within hours of debut – 10 Mar 2023

Mar 10, 2023

MCON Rasayan India Ltd, a company that produces and distributes building materials and construction chemicals, has had its initial public offering (IPO) fully subscribed within hours of opening on the first day. The IPO was met with a strong response from retail investors, with the retail portion being subscribed 23.41 times and the non-institutional investor portion being subscribed 7.42 times on the first day.

Click details for more

The full story is for subscribers. Log in to read it, or start a free trial.
Log in Start a free trial »