New Delhi, Dec. 10 -- The initial public offering (IPO) of dialysis services provider Nephrocare Health Services received a muted response from all segments of investors during its first day of bidding. The issue, which opened for subscription today, December 10, was booked just 0.13 times.
Among investor categories, the employee quota was booked 0.59 times, while the retail investor segment was subscribed 0.21 times. The non-institutional investor segment was booked just 0.10 times, and the qualified institutional investor (QIB) segment has not yet opened for bidding.
Ahead of the public offering's launch, Nephrocare Health secured Rs.260 crore from anchor investors.
Among the prominent anchor investors are SBI Mutual Fund (MF), ICICI...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.