Everonn Systems issue price at Rs 140 per share

Chennai, July 17 (UNI) Everonn Systems India limited, a fully integrated education and learning solutions company, has fixed the issue price at Rs 140 per share.

The company had come out with a public issue of equity share of face value of Rs ten each for cash at a premimum aggregating to Rs 50 crore, a company release here today said.

The company had fixed the price band between Rs 125-140 and fixed the issue price at the higher end.

The issue received an overwhelming response with the qualified institutional buyers portion being over-subsrcibed by more than 92 times, retail by 124 times and the non-institutional by 278 times, it added.

UNI