The issue of Astec Lifesciences Limited closed yesterday and was oversubscribed 1.56 times. The total issue was for 75 lakh shares and subscription was received for 11733525 shares or 1.56 times.
The breakup of applicants was as follows:-
QIB | 0.6072 |
Non institutional investors | 2.9997 |
Retail Investors | 2.3579 |
Employees | 0.5010 |
Overall | 1.56 |