initial public offering (IPO) was subscribed 52.59 times on the last day of subscription that concluded on December 15. The ₹1,398.3-crore IPO received bids for 66,13,67,268 shares against 1,25,75,154 shares on offer.
The IPO had a fresh issue of up to ₹600 crore and an offer for sale (OFS) of up to ₹798.30 crore. The price range for the three-day initial share sale was ₹780-796 per share.
MedPlus Health had mobilised ₹418 crore from anchor investors ahead of its public issue. Axis Capital, Credit Suisse Securities (India), Edelweiss Financial Services and Nomura Financial Advisory and Securities (India) were the managers to the offer.