@Param Patel You need to see bucket left for QIB after anchor. Which is just 800 crores. So 50 X would mean application of 40000 crore in that bucket
Does that kind of money in the market. Answer is yes
QIBs like mutual fund seeing this stock in top 250 market cap list so it fits all their funds be it large cap or mid cap
Market cap with free float may enable entry in BSE 200/NSE 200 index etc too
So QIB thinking is different