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Both the ongoing healthcare public offers have been fully subscribed on the second day of the three-day bid period.
The Rs 630-crore Dr Lal PathLabs public issue has been subscribed 2.53 times, according to data provided by stock exchanges at 4pm today.
The QIB portion was subscribed 6.09 times, HNI – 0.56 times and retail 1.34 times. The total subscription was at 2.53 times.
Meanwhile, the Rs 1,344-crore Alkem Laboratories public offer received a total subscription of 1.3 times. QIBs (qualified institutional buyers) have bid for 2.24 times of the shares allotted to them, HNIs 0.56 times and retail investors 1.12 times. The portion reserved for employees was subscribed to 0.4 times.
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