The basis of allotment for the Moneyview IPO shares is likely to be finalised today, September 29. The Rs 1,091.68 crore issue received a strong response from investors and ended up being oversubscribed by 98.46 times.
Offered in a price band of Rs 32 to Rs 34 per share, with a lot size of 441 shares, the public issue received bids for 22,89,51,64,593 shares against 23,25,24,175 shares on offer, resulting in an oversubscription of 98.46 times, NSE data showed.