CL Educate’s initial public offering sailed through on the last day of the offer today and was oversubscribed 1.90 times.
The IPO received bids for 63,26,176 shares against the total issue size of 33,32,000, as per NSE data till 1900 hours.
The qualified institutional buyer (QIB) portion was oversubscribed 3.65 times, non-institutional investors 21 percent and retail investors 1.60 times, sources said.
CL Educate, which operates…