Talwalkars IPO subscribed

Talwalkars Better Value Fitness Limited IPO which had opened on Wednesday the 21st of April and closed on Friday the 23rd of April received excellent response. The issue was oversubscribed 28.39 times. The total issue was for 60.5 lakh shares and the bids received were for 1717.41 lakh shares. The price band was Rs 123-128. The company as the name suggests is in the business of providing health fitness through its clubs.

Category Shares Offered Shares Subscribed Times
QIB 3025000 107170250 35.4282
NII 907500 46713950 51.4754
Retail 2117500 17857100 8.4331
Overall 6050000 171741300 28.39
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