The issue consisted of 17,497,458 Equity Shares of Rs.10/- each offered under a Price Band of Rs.470/- to Rs.543/- per equity share. A retail discount of Rs.47/- a share being 10% of floor price would be offered to Retail Investors. Also, the IPO has a safety net mechanism in place which would be triggered 20% below issue price
Retail portion of the IPO was subscribed more than 3 times. Justdial Limited (Just Dial) is popular local search service provider in India. Just Dial’s search services are available to users through Internet, mobile Internet, telephone and text (SMS).
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