New Delhi, Nov. 25 -- The initial public offering (IPO) for Sudeep Pharma, which opened on Friday, November 21, is scheduled to close today, November 25. Sudeep Pharma IPO subscription status on the second bidding day was 5.09 times, as it garnered a strong response from investors. Those interested in applying for the IPO can do so today.

Sudeep Pharma IPO price band has been fixed between Rs.563 and Rs.593 per equity share. The company has set aside up to 50% of the shares in this public offering for qualified institutional buyers (QIB), a minimum of 15% for non-institutional investors (NII), and at least 35% for retail investors.

The provisional allotment of shares for the Sudeep Pharma IPO will be announced on Wednesday, November 26,...