Rainbow Children's Medicare IPO subscribed 12.43 times on final day, QIB portion booked 39 times - Moneycontrol

Retail investors did not seem enthusiastic as they bid for 94 percent of their quota, while employees put in bids for 18 percent of the reserved portion.

The initial public offering of Rainbow Children's Medicare received bids for 25.49 crore shares against its size of 2.05 crore shares, getting subscribed 12.43 times on the last day. The issue had op… [+2024 chars]

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