The initial public offer (IPO) of Gland Pharma Ltd subscribed 2.06 times on Wednesday the last day of the offering data from stock exchanges show.
Gland Pharma Ltd had set a price band of Rs 1490-1500 per share and the IPO closed on 11th November.
The portion of shares reserved for Qualified institutional investors was subscribed 6.40 times, while shares reserved for retail investors was subscribed 0.24 times.
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