India: Aster DM IPO sees overall subscription of 1.33 times on last day

Photo: Hemant Mishra/Mint

The Rs980 crore initial public offering (IPO) of Aster DM Healthcare Ltd, which runs hospitals in India and West Asia, witnessed an overall subscription of 1.33 times on Thursday, the last day of its share sale.

According to data from stock exchanges, as of 6pm, the portion of shares reserved for institutional investors in the IPO was subscribed 2.14 times, while that set aside for retail and non-institutional investors was subscribed 1.19 times and 0.58 times, respectively.

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