CL Educate IPO oversubscribed on last day
Wednesday, March 22, 2017, 2:07 PM
CL Educate’s IPO was oversubscribed 1.11 times till afternoon on the last day of the bidding on Wednesday. The IPO received bids for 36,98,979 shares against the total issue size of 33,32,000 shares, NSE data showed. CL Educate, which operates across segments in the education industry including test preparation and vocational training, raised nearly Rs.72 crore from anchor investors last week.