Mumbai: Supermarket retail chain D-Mart’s initial public offer (IPO) will end on March,10. Bids for the IPO can be made for a minimum of 50 equity shares and in multiples of 50 shares thereafter. Around 6.23 crore equity shares of Rs 10 each (face value) will be offered to the public.
The operator of D-Mart retail chain stores, open for subscriptions on wednesday. On the firts day itself the issue was oversubscribed by 1.38 times.
The IPO is expected to do well and first day response has raised the expectations about the extent of subscriptions.
Bids for the IPO can be made for a minimum of 50 equity shares and in multiples of 50 shares thereafter. Around 6.23 crore equity shares of Rs 10 each (face value) will be offered to the public.