TeamLease Services IPO subscribed 66 times

05 Feb 2016

TeamLease Services initial public offer (IPO) received an overwhelming response from investors as the issue was oversubscribed 66 times on the last day of bidding yesterday.

The IPO of TeamLease generated a demand worth about Rs 27,918 crore, as it received bids for 19,09,15,620 shares against the total issue size of 28,92,063, data available with the NSE showed.

The portion set aside for qualified institutional buyers (QIBs) was subscribed 26.97 times and non institutional investor category has been subscribed around 185 times, PTI report said.

Retail investors pie was subscribed 10.5 times.

IDFC Securities Ltd, Credit Suisse Securities (India) Pvt Ltd and ICICI Securities Ltd are the book running lead managers to the offer.

Source: Dion Global Type: IPO Related

Stocks	Mutual Funds		Investment tracking
A-Z Gainers - Daily \| Weekly \| Monthly Losers - Daily \| Weekly \| Monthly Group-wise listing IPO \| Top IPOs Recent IPOs \| IPO News Similar Price band Most traded - By volumes Top 100 - By market capitalisation Latest Company Results Management Speaks Market News	Top 25 schemes High-risk, High-returns Medium-risk, Medium-returns Low-risk, Low-returns Gilt Funds Funds of Funds Special Funds Liquid Funds Dynamic Asset Allocation NFOs MF Selector	Equity - ELSS Equity - Index Funds Equity - Sector Funds Equity - Balance Fund Equity - Diversified Fund MF News Budget 2024	My Portfolio My Watch List If You Had Invested... Global Indicators Forex Converter Market Indices Sectoral Indices World Indices Market Astrology Advertise with us

Stocks

Mutual Funds

Investment tracking