• Qualified Institutional Buyers portion subscribed 8.25 times on Day 3
  • The issue generated a demand of close to Rs 26,141.3 crore

Mumbai: The Initial Public Offering of Manipal Health Enterprises Limited was subscribed 4.92 times on the final day of bidding.

The issue received bids of 44,30,73,025 equity shares against the offered 9,00,88,286 equity shares, according to data available on the stock exchanges.

Qualified Institutional Buyers (QIB) and Retail Portion were subscribed 8.25 times and 0.93 times, respectively. Non-Institutional Investors (NII) portion was subscribed 1.02 times whereas the employee reserved portion subscribed 2.19 times.