News Snapshot:
Paras Defence and Space Technologies Limited’s IPO saw an overwhelming response from all the category of investors. It received bids of 2,17,26,31,875 shares against the offered 71,40,793 equity shares, as per the 5:00 pm data available on the bourses. The portion reserved for the non-institutional investor category was subscribed 927.70 times and the retail investors were subscribed 112.81 times, while the qualified institutional buyer category was subscribed 169.65 times. The issue was subscribed 304.26 times making it the most subscribed IPO in history, followed by Salasar Technologies with 273.05 times, Apollo Micro Systems was subscribed 248.5 times. Other IPOs that...
