Gammon Infra IPO Subscription Details
The initial public offer of Gammon Infrastructure Projects (GIPL), an infrastructure project development company, has got good response, subscribed more than 3 times. It has received bids for 3.13 crore equity shares as against 1.65 crore shares on offer. They had given two payment options for Gammon Infra IPO.
That was one of the major reasons retail section could at least was subscribed by 1.08 times.
Reserved portion of QIBs subscribed 5.16 times.
Non Institutional Investors subscription was 3.78 times
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[...] to this IPO though and it merely could reach 1.08 times of subscription. We had given these details before as well, here we are comparing both [...]