Scripting a survival
Zee’s founding family plots a twist in the tale and stays in control
Shares of Sansera Engineering will be listed at the bourses on Friday. After a successful IPO, the company has set the issue price at ₹744, the upper end of the price band ₹734-₹744.
The initial public offering of auto component maker Sansera Engineering was subscribed 11.47 times. The ₹1,283-crore IPO received bids for 13.88 crore shares against 1.21 crore shares on offer, translating as per data available with the stock exchanges.
Also see: Sansera Engg IPO subscribed 11.47 times
The QIBs category was subscribed 26.47 times, non-institutional investors 11.37 times and retail individual investors 3.15 times. The employee portion was subscribed by 1.37 times.
Zee’s founding family plots a twist in the tale and stays in control
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