1 year, 4 months ago
Concord Biotech IPO subscribed 2.72 times on day 2; retail portion booked 2.26x
Live MintConcord Biotech IPO Subscription Status: The initial public offering of Concord Biotech Limited has been fully subscribed on day 2 as it received strong demand from retail as well as non-institutional investors. The Concord Biotech IPO has been subscribed 2.72 times in total as the issue received bids for 3.97 crore equity shares as against 1.46 crore shares on the offer on August 7, the second day of the bidding process. Concord Biotech IPO opened for subscription on August 4 and will remain open for bidders till August 8. Concord Biotech IPO price band has been at ₹705 to ₹741 per equity share.
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