Wockhardt Hospitals IPO subscribed 0.11 times

The Initial Public Offering of Wockhardt Hospitals Limited which opened for subscription on January 31, 2008 has received subscription of 0.11 times till 1:00 PM on 06 Feb 2008.

The company has come out with an IPO of 25087097 Equity Shares of Rs.10 each for cash at a price band of Rs 225 to Rs 260 through 100% book building process.

The IPO has received total bids for 2746220 equity shares against the offer of 25087097 shares. The issue has received bids for 1627620 equity shares at cut-off price.

The issue closes for subscription on February 7, 2008.

Source : Equity Bulls

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