Anand Rathi Wealth's IPO Subscribed 9.78 Times On Last Day of Issue

Anand Rathi Wealth Limited's initial public offer was subscribed 9.78 times on Monday, December 6, which was the last day of its issue

Anand Rathi Wealth Limited's initial public offer (IPO) was subscribed 9.78 times on Monday, December 6, which was the last day of its issue.

Institutional investors subscribed it 2.5 times, non-institutional investors subscribed 25.42 times, retail investors subscribed it 7.76 times, while employees subscribed it 1.32 times.

The Rs 660 crore IPO, which had opened on December 2, was fully subscribed on the first day, and demand reached 3.02 times on the second day.