New Delhi, Nov. 27 -- The initial public offering (IPO) of Mother Nutri Foods, which opened for subscription today, November 26, received a healthy response from investors. By the end of the day 02, the issue was subscribed 1.34 times, with 29.43 lakh shares bid for against the 22 lakh shares on offer.

The NII portion was subscribed 2.54 times, while the retail investor segment was booked at 1.04 times. The QIB quota was subscribed 0.95 times, according to exchange data.

The Rs.39.59 crore issue comprises a combination of a fresh issue of 0.27 crore shares aggregating Rs.31.67 crore and an offer for sale of 0.07 crore shares aggregating Rs.7.92 crore.

The price band has been fixed at Rs.111- Rs.117 per share, while the lot size is set ...