Powerica IPO Allotment Today: Steps To Check Status, Latest GMP, Listing Date And More
Investor appetite for Powerica’s IPO remained robust on the final day of bidding, with the issue subscribed 1.45 times on March 27. It received bids for 2,98,57,816 shares against 2,05,55,171 shares offered. Among investor categories, Qualified Institutional Buyers (QIBs) led with 4.5 times subscription, followed by Non-Institutional Investors (NIIs) at 0.44 times, while retail investors lagged…
