Fusion Micro Fin makes dull debut, Inox Green IPO subscribed 1.55x & more
Fusion Micro Finance made a dull debut on November 15, despite a confident market sentiment. The stock opened at a 2.3 per cent discount against its issue price of Rs 368. It started trading at Rs 360.50 on the BSE and Rs 359.50 on NSE.
The issue, which hit the market during November 2-4, was subscribed 2.95 times, as the portions set aside for qualified institutional buyers retail and non-institutional investors were subscribed 8.6 times, half a percent and 1.38 times, respectively.
Inox Green offer subscribed 1.55x
The initial share-sale of Inox Green Energy Services received 1.55 times subscription on the last day of offer on Tuesday.
