The SME public issue of cuckoo Integrated Services has been sold huge two hundred times on the end of the world of provide on Friday. the difficulty has received bids for 51 large integer equity shares against mercantilism size of 25,65,600 shares. The reserved class of retail investors got signed 79.26 times and high net worth people 344 times.
The company that is going to raise Rs 25.65 large integer through the difficulty, at a worth of Rs a hundred per share, received bid price for Rs 5,000 crore.
“We square measure overcome by the record response we have a tendency to received from the investors for our mercantilism,” same Navin Korpe, CMD, cuckoo Integrated Services. “It could be a matter of honour cuckoo to be a section of the NSE Emerge. this may not are attainable while not the trust shown by our investors”.
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