Gujarat Kidney IPO Oversubscribed 5.2 Times, Retail Investors Lead Demand
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Gujarat Kidney IPO Oversubscribed 5.2 Times, Retail Investors Lead Demand

The Gujarat Kidney and Super Speciality IPO closed with a subscription rate of 5.21 times, attracting strong interest from retail investors who oversubscribed their portion by 19 times. The Rs 251-crore issue, priced between Rs 108-114, aims to fund acquisitions, capital expenditure, and debt repayment. While Qualified Institutional Buyers showed moderate interest, the overall response was positive, with shares expected to list on December 30.

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