. Today is the last day to apply for the initial public offering (IPO) of Reliance Spinning Mills.

The company is issuing its shares to the general public at a price of Rs 820.80 per share. The company is issuing 9,24,768 units shares to the general public.

Similarly, 1,15,596 units of shares have been allotted to Nepalis living abroad. A total of 57,798 units have been allotted to mutual funds and 57,798 units have been allotted to the employees of the company.

So far, the IPO has received 24 times more applications than the demand. Applications can be submitted for the IPO from a minimum of Rs 50,000 to a maximum of Rs 20,000.

Global IME Capital has been appointed as its issue manager. The applicants can apply for the IPO through Securities Board of India (SEBON) and Bank of India (SEBI) and Mero Shares.