The preliminary public providing (IPO) of Regaal Assets recieved an awesome response from the traders as the general public difficulty was oversubscribed 159.88 instances on the third and ultimate day of bidding on August 14.

The IPO acquired bids for greater than 335.73 crore shares towards 2.09 crore shares on supply.

The Certified Institutional Patrons (QIBs) booked their class 190.97 instances. The Non-Institutional Buyers’ (NIIs) class was subscribed 356.73 instances, whereas the retail portion was booked 57.75 instances.

The value band for the IPO was mounted between Rs 96 and Rs 102 per share. The Regaal Assets IPO was a book-building difficulty value Rs 306 crore. The mainboard difficulty comprised a recent issuance of two.06 crore shares, value Rs 210 crore, and an offer-for-sale (OFS) of 94 lakh shares, aggregating to Rs 96 crore.