Infibeam’s IPO Oversubscribed 1.10 times on the Last Day of Issue

Infibeam is over subscribed as on book closing date 23rd March 2016. The IPO subscribed 21% on the opening date 21st March 2016 .  The company has set a price band of Rs. 360 to Rs.432  a equity share for the IPO. The company  got less response from Institutional investors bidding  lower than  its allocated[…]

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