Is Austral Coke IPO fizzling out?
The initial public offer of Austral Coke Projects, which is planning to raise about Rs 142.22 crore, on Tuesday got subscribed 1.35 times, with most of the bids pouring in from non-institutional investors. The issue received bids for 97.83 lakh shares, against 72.60 lakh shares on offer, as per data available on the National Stock Exchange.
