Alkem Lab IPO subscribed 35% on Day 1

The IPO received bids for 31,68,872 shares against total issue size of 90,87,084 shares, according to NSE data.

The initial public offering of Alkem Laboratories was subscribed 35% on the first day of the issue. 

The IPO received bids for 31,68,872 shares against total issue size of 90,87,084 shares, according to NSE data.

The portion for qualified institutional buyers (QIBs) was subscribed 41%, while non institutional investors category received 9% subscription. 

Retail investors portion was subscribed 44%.