Mumbai, Feb. 1 -- The initial public offer (IPO) of Dr. Agarwals Health Care received 8,32,18,380 bids for shares as against 5,35,26,172 shares on offer. The issue was subscribed 1.55 times.

The Qualified Institutional Buyers (QIBs) category was subscribed 4.64 times. The Retail Individual Investors (RIIs) category was subscribed 41%. The Non-Institutional Investors (NIIs) category was subscribed 40%.

The issue opened for bidding on 29 January 2025 and it closed on 31 January 2025. The price band of the IPO was fixed between Rs 382 and Rs 402 per share.

The IPO comprised a fresh issue of equity shares worth up to Rs 300 crore and an offer for sale (OFS) of 6,78,42,284 equity shares aggregating up to Rs 2,727.26 crore by existing shareh...