India: HealthCare Global IPO subscribed 1.56 times

India: HealthCare Global IPO subscribed 1.56 times

The initial share sale of HealthCare Global Enterprises Ltd (HCG), which runs a chain of cancer-care centres, managed to sail through on the third and final day with majority of the shares bid by institutional investors, while share applications by non-institutional as well as retail investors fell short of the quota reserved for them.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter