New Delhi, Sep 28 (PTI) The initial public offer of Dinesh Engineers, a passive communication infrastructure provider, was subscribed 5 per cent on the first day of bidding Friday. Also Read - 'Totally Personal Matter, Will Sleep if I Want to,' Says Mamata Banerjee on PM's 'Blackout' Call

The IPO, to raise Rs 185 crore, received bids for 5,43,600 shares against the total issue size of 10 crore shares, data available with the NSE showed. Also Read - Entertainment News Today, April 4: Priyanka Chopra Reveals Her Father Banned Her From Wearing 'Tight Clothes' When She Was 16

Non institutional investors portion was subscribed 21 per cent and retail investors 6 per cent. Also Read - Jammu and Kashmir: Two Militants Killed in Encounter With Security Forces in Kulgam

Price band for the offer has been set at Rs 183-185 per share.

Hem Securities is the manager to the offer.

Shares of the company are proposed to be listed on BSE and National Stock Exchange. PTI

This is published unedited from the PTI feed.