Muthoot Finance Limited which is tapping the capital markets with an IPO to raise between Rs 824 crs and 901 crs saw the QIB portion being subscribed 25.01 times. The company had earlier allotted 77.25 lakh shares to anchor investors at a price of Rs 170. The issue closes today for non QIB investors and the price band is Rs 160-175.

The total subscription by QIB’s was for 45,07,46,560 shares and was subscribed 25.01 times. The issue on the penultimate day was subscribed on an overall basis by 11.02 times and received subscription for 48,24,33,480 equity shares.