Money Street News


– Investors can check details on MUFG Intime India (Link Intime) once the link is active.

– The ₹582.56 crore IPO, comprising a ₹445 crore fresh issue and ₹137.56 crore OFS, was priced in the range of ₹387–₹407 per share and saw an overall subscription of 13.92 times.

– Strong institutional demand drove the issue, with QIBs subscribing 24.92 times, HNIs 23.68 times, retail 3.69 times, and employees 2.51 times; ₹173.64 crore was raised from anchor investors.

– In the grey market, Smartworks shares are commanding a premium of ₹16, suggesting a modest listing gain of around 4% over the issue price; the stock is set to list on the BSE and NSE on July 17.



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