New Delhi, July 30 -- Sellowrap Industries IPO allotment in focus: The allotment for Sellowrap Industries is expected to be finalized today, July 30. Investors can check their allotment status through the registrar, Purva Sharegistry India, or the NSE website.
The IPO, which was open for bidding from July 25 to July 29, saw a robust response from investors, being subscribed 65 times. Specifically, the non-institutional investor (NII) segment was oversubscribed 187 times, while the retail portion was oversubscribed 68 times and the QIB was booked at 18 times.
The IPO price was set at Rs.83 per share. Given the high level of retail oversubscription, shares will be allocated to retail individual investors (RIIs) on a proportional basis. Th...
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