India, Sept. 12 -- Update | September 12, 19:18 IST

The IPO of DevX closed with an oversubscription of about 63.97X, with investors bidding for 84.1 Cr shares as against 1.32 Cr shares on offer.

The portion for retail investors was subscribed the most at 164.72X, getting bids for 37.89 Cr shares against the over 23 Lakh shares on offer.

The portion reserved for non-institutional investors (NIIs) was oversubscribed 87.97X oversubscription. These investors bid for 30.35 Cr shares against the 34.51 Lakh shares on offer.

Meanwhile, qualified institutional buyers (QIBs) placed bids for 14.01 Cr shares as against the 69.02 Lakh shares reserved for them, resulting in an oversubscription of 20.3X.

Original | September 12, 12:12 IST

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