Advanced Enzyme IPO Kicks Off, Sees Subscription Of 89% On Day 1

NEW DELHI: The initial public offering (IPO) of Advanced Enzyme Technologies hit the primary market on Wednesday and saw 89 per cent subscription on Day 1.

Data available with stock exchanges NSE and BSE showed the issue has received bids for 28,90,304 shares against the total issue size of 32,34,059 shares. The retail quota has been subscribed 1.49 times.

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