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.