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Our Bureau

Mumbai, June 17 The initial public offering of Archidply Industries got subscribed a total of 1.52 times on the last day of its issue on Tuesday.

The issue received bids for one-crore shares compared with 66.15-lakh shares on offer, according to the latest data available on the NSE.

The portion reserved for the qualified institutional buyers was subscribed 0.2 times, the non-institutional investors submitted bids for 2.35 times and the portion reserved for the retail investors was subscribed a total of 3.03 times.

First Winner Industries, at the close of its issue, was subscribed a total of 1.26 times across the price band on Tuesday on the NSE. The issue received bids for 69.2-lakh shares against the 55 lakh on offer.

The issue was subscribed 1.05 times by qualified institutional buyers, 1.83 times by non-institutional investors and 1.31 times by the retail investors.

The company plans to utilise the issue proceeds to part finance for expanding its apparel manufacturing facility.

The South-based Lotus Eye Care Hospital has announced that its public issue, which was slated to close on Tuesday, will now close on June 20.

The price band has been revised downwards from Rs 38-42 to Rs 36-38. As on June 17, the issue was subscribed 0.61 times.

More Stories on : IPOs | Interiors & Homes | Medical Institutions & Hospitals

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