Jaipur masala company becomes 5th most subscribed SME IPO ever; Rs 38 cr issue draws Rs 25,000 crore bids
SME company Shyam Dhani Industries, whose initial public offering (IPO) ended on Friday, received share bids worth Rs 25,000 crore compared to its issue size of Rs 38.5 crore. It was subscribed 988 times over the three-day period, receiving 361.55 crore share bids (6,22,097 applications) against the available quota of 36.58 lakh shares. This feat…