Supriya Lifescience IPO subscribed 7.93 times on... ... Stock Market Live Updates: Nifty may start below 16,900; Shriram Properties shares to list today

Supriya Lifescience IPO subscribed 7.93 times on final day

The public issue of active pharmaceutical ingredients supplier Supriya Lifescience witnessed strong demand from investors as the offer was subscribed 7.93 times.

It received bids for 11.52 crore equity shares against the IPO size of 1.45 crore equity shares on December 20, the final day of bidding.

Retail investors continued to provide strong support to its public issue as their reserved portion was subscribed 33.56 times. Non-institutional investors' portion was booked 5.49 times, while a part set aside for qualified institutional investors saw 61 percent subscription.