MedPlus IPO subscribed 52.59 times on last day of offer: Check latest subscription status

MedPlus Health IPO was subscribed 52.59 times on the last day of subscription on Wednesday. 

New Delhi: The initial public offering of pharmacy retail chain MedPlus Health Services Ltd was subscribed 52.59 times on the last day of subscription on Wednesday.

The Rs 1,398.3-crore IPO received bids for 66,13,67,268 shares against 1,25,75,154 shares on offer, according to an update on the NSE.

Qualified institutional buyers (QIBs) received a whopping 111.89 times subscription, while non-institutional investors 85.33 times and the retail individual investors (RIIs) category was subscribed 5.23 times.