The Initial Public Offer (IPO) of Dharmaj Crop Guard was fully subscribed on the first day of offer and ended the trade with 1.79 times subscription today.
The Rs 251.14-crore IPO received bids for 1,43,79,060 shares against 80,12,990 shares on offer, according to NSE data.
The category for Retail Individual Investors (RIIs) received 2.60 times subscription, non-institutional investors portion was subscribed 1.80 times and Qualified Institutional Buyers (QIBs) 35 per cent.
The IPO has a fresh issue of up to Rs 216 crore and an offer for sale of 14,83,000 equity shares.
Price range for the offer is at Rs 216-237 a share.
Elara Capital (India) and Monarch Networth Capital are the managers to the offer.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)