Aether Industries IPO subscribed only 11% in first 90 minutes

The issue, which kicked off earlier today, will remain open till Thursday, May 26. The company is selling its shares in the range of Rs 610-642 apiece to raise Rs 808 crore through the primary route.According to the data from BSE, the investors made bids for 9,84,952 equity shares or 11 per cent as of 11.30 am compared to 93,56,193 equity shares on offer.

Aether Industries IPO subscribed only 11% in first 90 minutes
The issue, which kicked off earlier today, will remain open till Thursday, May 26. The company is selling its shares in the range of Rs 610-642 apiece to raise Rs 808 crore through the primary route.According to the data from BSE, the investors made bids for 9,84,952 equity shares or 11 per cent as of 11.30 am compared to 93,56,193 equity shares on offer.