The ₹1,398.30-crore Medplus Health Services’ initial public offering saw a strong response on the last day of public subscription. The issue was subscribed 52.59 times on Wednesday thanks to a robust response from HNIs and QIBs. The category for retail individual investors was subscribed 5.24 times, those for non-institutional investors (HNIs) received bids for 85.33 times and QIB by 111.90 times. The IPO, which was a fresh issue of up to ₹600 crore and an offer for sale of up to ₹798.30 crore, came out with a price range of ₹780-796.
Published on December 15, 2021
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