Stock market tumble took toll over the issue closed last week and most of them saw low subscription which would not have been case if the stock market would not have turned otherwise.
SHRIRAM EPC LIMITED IPO Final subscription status:
Overall subscription: 3.91 times
Retail Individual Investors (RIIs) category: 0.63 times
Qualified Institutional Buyers (QIBs): 6.13 times
Non Institutional Investors: 0.41 times
That means firm allotment for all retail and non-institutional investors.
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