New Delhi, Dec. 1 -- The initial public offering (IPO) of Astron Multigrain, which opened for subscription today, December 01, received a healthy response from investors. By the end of Day 01, the issue was subscribed 0.74 times, with 19.72 lakh shares bid for against the 27.72 lakh shares on offer.

The retail portion was subscribed 1.10 times, while the non-institutional investor segment was booked at 0.32 times.

The Rs.18.40 crore issue comprises a combination of a fresh issue of 0.23 crore shares aggregating to Rs.14.74 crores and an offer for sale of 0.06 crore shares aggregating to Rs.3.65 crores.

The price band has been fixed at Rs.63 per share, while the lot size is set at 4,000 shares, requiring a minimum investment of Rs.252,0...