Three mainboard IPOs- WeWork India Management, LG Electronics India and Tata Capital, are available for investors for bidding. However, opening and closing dates for all these three issues are different. All the three issues are looking to cumulatively raise more than Rs 30,000 crore via their primary offering. Advertisement
WeWork India Management, whose IPO shall close for bidding on Tuesday, October 07, has been subscribed only 44 per cent as of 1.30 pm on its last day of the bidding. Retail portion was booked only 51 per cent, while the HNI portion was subscribed only 10 per cent. Quota for retail bidders was booked 59 per cent as of the same time.
WeWork India is offering its shares in the range of Rs 615-648 apiece with a lot size of 23 equity shares, to raise a total of Rs 3,000