GNA Axles, the rear axle shafts manufacturer, will make its stock market debut on September 26. The issue price is fixed at Rs 207 per share, the higher end of price band.
The 63 lakh equity shares public issue was oversubscribed 54.88 times.
The reserved portion of qualified institutional investors oversubscribed 17.18 times and non-institutional investors 217.47 times. The reserved category of retail investors also oversubscribed 11.84 times.
The Rs 130-crore public issue was opened for subscription during September 14-16 with a price band of Rs 205-207 per share.
L&T Technology Services, the subsidiary of engineering & construction giant Larsen and Toubro, has made its stock debut at Rs 920 per share, up 7 percent over its issue price of Rs 860.
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