The initial public offering of Amber Enterprises, the manufacturer of air-conditioners, was subscribed 165.31 times on Friday, the last day of bidding.
The IPO to raise ₹600 crore received bids for over 81.45 crore shares against the total issue size of over 49.27 lakh shares, data available with the NSE till 1515 hours showed.
Till Thursday, the IPO was subscribed 3.61 times. The company had raised ₹179 crore from anchor investors on Tuesday. The price band has been fixed at ₹855-859 a share.