Enviro Infra Engineers IPO subscribed 12.51 times on day 2
Monday, 25 November 2024 Enviro Infra Engineers' IPO saw strong interest, with overall subscription at 12.51 times on the second day. Non-institutional investors showed the highest enthusiasm. The company aims to raise Rs 650 crore, using proceeds for working capital, debt repayment, and a new sewage treatment plant in Mathura.
Enviro Infra Engineers' IPO saw massive oversubscription, closing at 89.90 times the initial offering. Strong demand came from institutional and... IndiaTimes
Monday, 25 November 2024
