Mumbai, Jan. 29 -- The initial public offer (IPO) of Dr. Agarwals Health Care received 38,08,980 bids for shares as against 5,35,26,172 shares on offer, according to stock exchange data at 16:45 IST on Wednesday (29 January 2024). The issue was subscribed 0.07 times.

The issue opened for bidding on 29 January 2025 and it will close on 31 January 2025. The price band of the IPO is fixed between Rs 382 and Rs 402 per share. An investor can bid for a minimum of 35 equity shares and in multiples thereof.

The IPO comprises 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 shareholders.

The objectives of the fresh issue include Rs 195...