APAG book building oversubscribed 1.84x, strike price set at Rs33
Mettis Global • • 1 min read
Mettis Global reported that APAG's book-building process attracted strong investor interest from the market, with the issue oversubscribed 1.84 times. The final strike price was set at Rs33 for each share. Total demand was therefore well above the number of shares on offer. The update was dated August 28, 2026.
The sponsors and management described the turnout as clear evidence that investors have confidence in the company. They also extended a warm welcome to the new shareholders.
According to the company, the outcome was more than a milestone and the start of a fresh phase in its growth. It added that its journey had only just begun, and investors were thanked for an overwhelming response.
At a glance
- APAG's book-building was oversubscribed 1.84 times by investors.
- Strike price was fixed at Rs33 per share.
- Sponsors and management said the response reflected confidence in the company.
Originally reported by Mettis Global
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