Vijaya Diagnostics Limited which had tapped the capital markets with its OFS for 3,56,88,064 shares in a price band of Rs 522-531 was subscribed 4.54 times.
The company had earlier completed allocation to anchor investors. The company allotted 1,06,61,418 shares to 29 anchor investors comprising of 41 entities at Rs 531. The issue had opened on Wednesday the 1st of September and closed on Friday the 3rd of September.
The highest allocation was made to Fidelity who was allotted 18,75,360 shares or 17.60% of the anchor book to three entities. This was followed by Goldman Sachs who was allotted 5.28% of the anchor book. This was followed by seven Indian mutual funds who were each allotted 4.40% or 4,68,832 shares. This effectively meant that the top nine investors were allotted 53.68% of the anchor book.
The QIB portion was subscribed 13.07 times, HNI portion was subscribed 1.32 times and Retail portion was subscribed 1.09 times. Employee portion was subscribed 0.98 times. The number of applications received were 3.91 lacs.
Full details of the subscription category wise are given below: –
Vijaya Diagnostic Subscription
Bucket Size | Shares Applied for | Times Oversubscribed | |
QIB | 7107613 | 92862784 | 13.07 |
HNI | 5330710 | 7059864 | 1.32 |
Retail | 12438323 | 13574624 | 1.09 |
Employee | 150000 | 146748 | 0.98 |
Total | 25026646 | 113644020 | 4.54 |