Capacit'e Infraprojects IPO subscribed 4.62 times till Day 2 - Indian IPO Blog

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Thursday, September 14, 2017

Capacit'e Infraprojects IPO subscribed 4.62 times till Day 2

Capacit'e Infraprojects IPO, a construction company focused on Residential, Commercial and Institutional buildings in metro cities across India, has received good response from the investors with the IPO getting bid 4.62 times on overall basis till Day 2

The IPO which closes for subscription on Sep 15, 2017, has received 5.96 times oversubscription in Retail category. The QIB category is subscribed 5.53 times while the HNI category is bid 0.28 times

Capacit'e Infra primarily operates in Mumbai, NCR and Bangaluru. The list of clients include Lodha Group, Rustomjee, Godrej Properties Limited, Prestige Estates and Oberoi Constructions. Capacit'e has 51 ongoing projects. The order book consist of 96% residential, 3% commercial and 1% institutional projects

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