New Delhi, Dec. 22 -- The initial public offering of Gujarat Kidney witnessed a healthy demand from both retail and non-institutional investors on its first day of bidding, December 22.

The IPO, which remains open until Wednesday, December 24, received bids for 2.02 crore shares against the total offer of 1.32 crore shares, resulting in an overall subscription of 1.53 times by the end of Day 1, according to exchange data.

Among the investor segments, the retail individual investors category saw the highest interest at 5.06 times subscription, followed by non-institutional buyers at 1.97 times. The QIB was booked 0.34 times, as per the exchange data.

The Gujarat Kidney is a book-built issue worth Rs.250.80 crore, which is a fresh issue ...