The stock of delaPlex was listed at a premium of 61% at Rs 309 on the NSE against the issue price of Rs 192. The uptick in stock continued as it hit the day's high of Rs 324.45.
The initial public offering (IPO) of Delaplex was subscribed 118.19 times. The issue received over 28.36 crore share bids against 24 lakh equity shares available for subscription. The portion for retail individual investors was subscribed at 159.88 times, receiving over 12.74 crore shares bids against the reserved quota while the non-institutional investors' (NII) portion was subscribed 335.56 times. The Qualified Institutional Buyers' (QIBs) portion received 4.14 crore share bids against the quota reserved for them.
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