New Delhi, Sep 24 (PTI) The initial public offer of Solarworld Energy Solutions Ltd received four times the subscription on the second day of the share sale on Wednesday.
The IPO received bids for 3,23,49,282 shares against 80,93,092 shares on offer, according to details available with the NSE.
Retail individual investors (RIIs) portion fetched 13.63 times subscription. The category for non-institutional investors subscribed 5.53 times, and the qualified institutional buyers (QIBs) quota attracted 2 per cent subscription.
Solarworld Energy Solutions on Monday said it has garnered Rs 220.5 crore from anchor investors.
The Rs 490-crore initial public offering (IPO) will conclude on Thursday. The price band has been fixed in the range of Rs 333-351 per share.
At the upper end of the pric