BSE SME Core4 Engineers IPO ends with 4.70 times subscription
Mumbai, Oct. 28 -- The initial public offer (IPO) of Core4 Engineers was subscribed 4.70 times. The issue received bids for 2,04,51,600 shares against 36,30,000 shares on offer.
The non-institutional investors (NIIs) category subscribed 6.84 times, while individual investors bidding for two lots subscribed 2.72 times. The qualified institutional buyers (QIBs) category subscribed 5.06 times.
The IPO opened for subscription on 23 October 2026 and closed on 27 October 2026. The price band has been fixed at Rs 88-93 per share, with a lot size of 1,200 shares
The IPO comprised an entirely fresh issue of 58.94 lakh equity shares aggregating to approximately Rs 54.82 crore. The promoter and promoter group shareholding declined to 58.69% after...
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