Anlon Healthcare IPO got subscribed 7 on the final day of share sale on Friday. The Rs 121-crore IPO received bids for 9.47 crore shares against 1.33 crore shares on offer, according to data available with the NSE.
Retail Individual Investors (RIIs) part fetched 47.29 times subscription. The quota for non-institutional investors received 10.61 times subscription and Qualified Institutional Buyers (QIBs) part got subscribed 1.07 times.
The initial public offer (IPO) has a fresh issue of aggregating up to 1.33 crore shares. Price range for the offer is fixed at Rs 86-91 per share.
Anlon Healthcare IPO GMP Today News
According to websites tracking the grey market activities, the shares of the company are commanding a GMP of 2 percent in the unlisted market. Investorgain quoted a GMP of Rs 2 for the shares of the company, indicating a listing gain of 2.2 percent.
Shares of the company will be listed on September 3, while the allotment is expected by September 1.
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