New Delhi, June 20 -- Aakaar Medical Technologies IPO: The initial public offering (IPO) of medical aesthetic company Aakaar Medical Technologies opened for subscription on Friday, June 20. The Rs.25.64 crore book building issue is entirely a fresh issue of 35.62 lakh shares. On the first day of subscription, the NSE SME IPO saw a tepid response from retail investors.

By 4 PM on Friday, the first day of subscription, the issue had been subscribed to 31 per cent, with the retail portion subscribed to 25 per cent, the segment reserved for non-institutional investors (NIIs) subscribed to 39 per cent, and the segment reserved for qualified institutional buyers subscribed to 33 per cent.

1. Aakaar Medical Technologies IPO GMP: According to m...