The IPO is the only large-scale issue that has braved the volatile weather in January 2025 and has sailed through successfully
The Initial Public Offering of Dr. Agarwal`s Health Care was subscribed 1.55 times on the final day of bidding.
The issue received bids of 8,29,77,370 shares against the offered 5,35,26,172 equity shares, at a price band of ₹382-402, according to the data available on the stock exchanges.
Non-Institutional Investors Portion and Retail Portion were subscribed 0.39 times and 0.41 times respectively, whereas Qualified Institutional Buyer Portion was subscribed 4.64 times. Employee Reservation Portion was subscribed 0.27 times and Reservation for Shareholders Portion was subscribed 0.51 times.
Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited, Jefferies India Private Limited, Motilal Oswal Investment Advisors Limited are the book-running lead managers, and KFin Technologies Limited is the registrar of the issue.