The initial public offer of educational book publisher S Chand & Company was subscribed 60 times overall on the third and last day, Friday. The company priced its share issue in band of ₹660-670, and has raised ₹728.55 crore from the primary market.
The QIB portion was subscribed 45.02 times, the non-institutional investor portion was subscribed 206.03 times and the retail portion was subscribed 5.95 times. JM Financial, Axis Capital and Credit Suisse are the bankers to the issue.