Friday, 11 December 2015

Alkem Laboratories IPO subscribed 44.29 times

The company received bids for 40,24,61,598 shares against the total issue size of 90,87,084 shares.


The initial public offerings of drug maker Alkem Laboratories subscribed 44.29 times on last day of bidding.

The company received bids for 40,24,61,598 shares against the total issue size of 90,87,084 shares. 
The portion for qualified institutional buyers (QIBs) was oversubscribed 57 times. 

Retail investors category was oversubscribed 2.9 times, while high net worth individual category saw 129 times subscription, says report.

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