Epack Prefab Technologies launched its initial public offering (IPO) today, September 24. The issue has been subscribed 11 per cent so far as per provisional exchange data. The Greater Noida-based firm aims to raise Rs 504 crores from the public offering.

Epack Prefab Technologies IPO subscription status:

By 2 pm, investors have bid for 18.87 lakh shares out of the total of 1.76 crore shares on offer. It includes subscription from Non Institutional Investors (NIIs) who have bid 0.07 times (2.62 lakh shares out of 38.19 lakh shares reserved) and Retail Individual Investors (RIIs) who have bid 0.18 times (16.25 lakh shares out of 89.12 lakh shares allotted).

The Qualified Institutional Buyers (QIBs) portion is yet to receive bid for its 49.38 lakh shares allotted.

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