Ellenbarrie Industria Gases IPO opens to tepid response; NII, retail undersubscribed

The issue comprised 1.51 crore shares segmented across Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs). However, only 6.64 lakh shares were subscribed, which is a mere 0.04× subscription level overall.

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