APAG book building oversubscribed 1.84x, strike price set at Rs33

MG News | August 28, 2026 at 09:52 PM GMT+05:00

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August 28, 2026 (MLN): APAG’s book-building process received a strong response from investors, with the issue oversubscribed by 1.84 times and closing at a strike price of Rs33 per share.

The strong participation shows investor confidence and trust in APAG, marking a significant milestone in the company’s growth journey.

Commenting on the successful completion of the book-building process, APAG’s sponsors and management welcomed the company’s new shareholders and expressed their gratitude for the overwhelming response.

“This is more than a milestone; it marks the beginning of an exciting new chapter for APAG,” the company said, adding that the journey was only just beginning.

APAG’s sponsors and management extended a resounding thank you to investors and welcomed the new shareholders to the APAG family.

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