Sita Shree Food IPO oversubscription

The initial public offering of Sita Shree Food Products has received good response, subscribed 2.44 times. It has received bids for 2.85 crore shares as against 1.16 crore shares on offer.

Retail investors and non institutional investors have given good support to get the issue subscribed fully. Reserved portion of retail investors got subscribed over 4 times followed by non institutional investors’s subscription of 3.25 times and QIBs over 1 time

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