Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Peshwa Wheat IPO Sees 177x QIB Demand, ₹53.52-Crore Issue Draws Strong Day-1 Bids

Mumbai: Peshwa Wheat Limited’s Rs 53.52-crore SME IPO witnessed strong institutional demand on its opening day, with the Qualified Institutional Buyer (QIB) portion receiving bids for around 177 times the shares available. The company received QIB bids for 87.14 lakh shares against 49,200 shares on offer in the category. The value of institutional bids stood at around ₹88 crore. IPO Price And…

Peshwa Wheat IPO Sees 177x QIB Demand, ₹53.52-Crore Issue Draws Strong Day-1 Bids

Peshwa Wheat Limited's SME IPO saw strong institutional demand on its opening day, with Qualified Institutional Buyer (QIB) bids for around 177 times the shares available. The company offered 49,200 shares in the QIB category, receiving bids for 87.14 lakh shares, valued at around ₹88 crore. The IPO comprises 52.99 lakh equity shares with a face value of Rs 10 each, priced between Rs 95-Rs 101 per share, and is set to list on the BSE SME platform on October 1, 2026.

Brief written by urgent.news from Free Press Journal's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at freepressjournal.in →

More in Finance & Markets

More from Friday 25 September →