The company aims to raise Rs 1,501 crore through fresh issue of shares worth Rs 1,004 crore and offer for sale of Rs 497.73 crore.


In this, ZMPPL holds 80.45 percent stake, while the government holds about 19.55 percent stake in the company.

The price band has been fixed at Rs 39-42 per share.

Retail investors have bid 1.12 times out of the 13.15 crore shares earmarked for them, while non-institutional investors have subscribed 32 per cent.

If you also want to get any information related to IPO from experts, then click on the link given below!