The oversubscribed IPO- Udayshivakumar Infra!
Wed, Mar 22, 2023 2:05 PM

The oversubscribed IPO- Udayshivakumar Infra!

A Flip by Shubhangi Gupta
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The IPO of Udayshivakumar Infra has continued seeing a positive response on March 22, the third day of bidding. The IPO size was 2 crore shares, and bids for 7.45 crore equity shares have been received, resulting in a subscription of 3.73 times. High networth individuals have been particularly enthusiastic about the offer, subscribing 5.91 times the allotted quota.

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