The basis of allotment for the Shah Investor’s Home IPO is likely to be finalised today, October 1, following a strong response from investors. The Rs 90.17-crore public issue was subscribed more than 38 times by the time bidding closed, according to NSE data.
Offered in a price band of Rs 159-167 per share, with a lot size of 85 shares, the Shah Investor’s Home IPO received strong demand from investors, with the issue subscribed 38.12 times against 37.39 lakh shares on offer.