The initial public offer of EPack Prefab Technologies got subscribed 40% so far on the second day of bidding on September 25.
The IPO received bids for 70,17,709 shares against 1,76,70,103 shares on offer, as per NSE data.
The category for Qualified Institutional Buyers (QIBs) got 46% subscription and non-institutional investor portion received 22% subscription. Retail Individual Investors (RIIs) quota got subscribed 44%.
On September 23, Epack Prefab Technologies raises Rs 151.2 crore through anchor investors.
EPack Prefab Tech IPO details
The Rs 504-crore IPO will conclude on September 26. The Greater Noida-based company has fixed a price band of Rs 194 to Rs 204 per share for its maiden public offering.
The IPO comprises fresh issues of shares worth Rs 300 crore and an Offer For