Author: yasir

Business

BF Biosciences IPO General Subscription on 2nd and 3rd October!

Pakistan (Muhammad Yasir) The general public will subscribe 6.25 million shares, 25 percent ofthe total offer size of BF Biosciences IPO on October 2nd and 3rd at the strikeprice of Rs 77. The general public can subscribe the IPO on2nd and 3rd October from 9.00 am to 5pm during banking hours. However, in thecase of e-IPO, the process continues for 24 hours. The book-building phase of BF Biosciencesconcluded last week with an oversubscription of 3.4 times. The IPO received an overwhelming responsefrom institutional investors and high-net worth individuals as the strike priceclocked in at Rs 77/share, 40 percent higher than the floor price…

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