The mega initial public offer of realty giant DLF, through which the developer is expecting to garner Rs 9,625 crore (Rs 96.25 billion), got fully subscribed on its second day on Tuesday.
The IPO was subscribed 1.28 times at the end of today's bidding process, receiving 22.31 crore bids for 17.5 crore equity shares on offer, data available on the stock exchanges show.
The IPO has so far received bids for shares worth up to Rs 12,000 crore, based on the higher end of the price band of Rs 500-550 a share.