Two IPOs end today: Both subscribed multiple times, have positive GMP; will you bid?

The last day of the bidding process of two mainboard IPOs -- Shiprocket IPO and Behari Lal Engineering IPO -- is today, August 14. Shiprocket IPO is a book built issue of Rs 1,617.48 crores while Behari Lal Engineering IPO is designed to mobilise Rs 301.62 crore.

Kolkata: Today, the bidding process of two mainboard public issues is coming to a close. These are Shiprocket IPO and Behari Lal Engineering IPO. Till the evening of August 13, Shiprocket IPO was subscribed 3.26 times overall — 10.19 times in the retail category, 0.03 times in QIB category and 5.04 times in the NII category. Behari Lal Engineering IPO was subscribed 8.47 times overall — 9.52 times in the retail category, 2.98 times in QIB category and 11.28 times in the NII category. Let’s have a look at the GMP and other details of the two issues.

Shiprocket IPO intends to raise Rs 1,617.48 crores via a combination of fresh........

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