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Peshwa Wheat IPO Sees 177x QIB Demand, ₹53.52-Crore Issue Draws Strong Day-1 Bids

Peshwa Wheat IPO Sees 177x QIB Demand, ₹53.52-Crore Issue Draws Strong Day-1 Bids
Photo: Free Press Journal · view original

Mumbai: Peshwa Wheat Limited’s Rs 53.52-crore SME IPO witnessed strong institutional demand on its opening day, with the Qualified Institutional Buyer (QIB) portion receiving bids for around 177 times the shares available. The company received QIB bids for 87.14 lakh shares against 49,200 shares...

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