Security And Intelligence Services To Make Market Debut On August 10
The initial share sale offer of Security and Intelligence Services (India) Limited was oversubscribed 7 times
Photo Credit : PTI,
Security and Intelligence Services (SIS) will make its stock market debut tomorrow (August 10) after concluding its initial share sale offer last week.
The initial share sale offer of Security and Intelligence Services (India) Ltd was oversubscribed 7 times.
Qualified institutional buyers (QIBs) portion was oversubscribed 5.64 times, non-institutional investors 1.66 times and retail investors 19.51 times.
The company had set Rs 805-815 per share as the price band for the IPO.
The company provides security solutions and business support services to a wide range of customers across India and Australia.
Axis Capital Ltd, ICICI Securities Ltd, IIFL Holdings Ltd and Kotak Mahindra Capital Company Ltd were the global coordinators and book running lead managers to the offer.
(PTI)