News > Harsha Engineers IPO is subscribed 2.87 times on day 1

Harsha Engineers IPO is subscribed 2.87 times on day 1

Moneycontrol | 14/09/2022 09:58 PM | Click to read full article

The initial public offering (IPO) of Ahmedabad-based Harsha Engineers International, which manufactures precision bearing cages has been subscribed 2.87 times on the first day.

The IPO received good demand from non-institutional and retail investors. Overall, it received bids of 4.84 crore shares against 1.68 crore equity shares on offer.

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