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 |