The initial public offer of Suraksha Diagnostic was fully subscribed on the last day of the share sale on Tuesday.
The ₹846-crore initial share sale received bids for 1.70,08,534 shares against 1,34,32,533 shares on offer, translating into 1.27 times subscription, according to data available with the NSE.
The portion for qualified institutional buyers (QIBs) attracted 1.74 times subscriptions, while the category for non-institutional investors was subscribed 1.40 times. The retail individual investors (RIIs) quota received 94 per cent subscription.
Integrated diagnostic chain Suraksha Diagnostic said on Thursday that it had mobilised ₹254 crore from anchor investors.
The initial public offering (IPO) has a price range of ₹420-441 apiece.
The Calcutta-based company’s initial offer consists of an offer for sale (OFS) of 19,189,330 equity shares worth ₹846.25 crore, at the upper end of the price band, by promoters and investor shareholders, with no fresh issue component.
