Vijaya Diagnostic Centre IPO Subscribed 0.47 Times On Day 2
Catch the subscription Updates from day 2 of Vijaya Diagnostic Centre IPO
Vijaya Diagnostic Centre Ltd.'s initial share sale continued to witness muted demand on its second day.
The IPO was subscribed 0.47 times on Thursday. Portions reserved for institutional, non-institutional and retail investors and employees remained under-subscribed.
The integrated diagnostic services provider is seeking a market value of Rs 5,414.4 crore at the upper end of the price band of Rs 522-531 apiece.
The IPO is an offer-for-sale of up to 35.7 lakh equity shares, or up to 35% of its total shareholding. The company won't receive any proceeds.
Subscription Details: Day 2
The IPO was subscribed 0.47 times as of 5:00 p.m. on Sept. 2
Institutional investors: 0.32 times.
Non-institutional investors: 0.05 times.
Retail investors: 0.74 times.
Employees: 0.52 times.
Research Reports On Vijaya Diagnostic Centre IPO: