The mega initial public offering of JSW Energy to raise Rs 2700 crore which opened on Monday got fully subscribed within minutes of its opening. The issue got subscribed by 1.25 times as it received bids for 28.4 crore shares against around 22.7 crore shares on offer.
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Qualified Institutional Buyers accounted for most bids. This has contributed the high rate of success for such a mega issue of energy.
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