• Qualified Institutional Buyers (QIB) portion subscribed 34.7 times on Day 3
  • The issue generated a demand of around to Rs 4,763  crore (Rs 344 per share)

Mumbai: The Initial Public Offering of Sahajanand Medical Technologies Limited was subscribed 14.20 times on the final day of bidding.

The issue received bids of 13,84,72,771 equity shares against the offered 97,50,482 equity shares, according to data available on the stock exchanges.

Qualified Institutional Buyers (QIB) portion subscribed 34.70 times. Non institutional investors and Retail Portion were subscribed 14.64 times and 3.03 times, respectively. Employee Reserved portion subscribed 0.37 times.