News > Indegene IPO subscribed 69.70 times as institutions bid aggressively
Indegene IPO subscribed 69.70 times as institutions bid aggressively
08/05/2024 10:07 PM | Click to read full article
The ₹1,842-crore IPO of healthcare tech service provider that came out with a price band of ₹430-452 received bids for 201.35 crore shares against 2.89 crore shares on offer. The portion for qualified institutional buyers was subscribed a whopping 197.55 times while that of non-institution received bids 54.82 times. The quota for retail investors got 7.78x subscriptions and the portion for employees, who enjoy a discount of ₹30, got subscribed 6.34 times.
