OnMobile Global IPO subscribed 10.95 times
The initial public offering (IPO) of OnMobile Global, a leading provider of telecommunications value added software products and services in India with an expanding international presence, has received good response and subscribed 10.95 times, as per NSE website.
Public offer has received bids for 11.9 crore equity shares as against 10,900,545 equity shares on offer. Good response has seen from qualified institutional investors, whose reserved portion subscribed 17 times, HNI portion was subscribed 2.6 times and retail 1.3 times. All bids were at higher end of price band.
