The Rs 2,200 crore-IPO of Equitas Holdings, the first initial public offering in the current fiscal, was fully subscribed till afternoon trade on the last day of the offer today. The IPO received total bids for 15,12,22,005 shares as against the issue size of 13,91,91,802 shares, generating a subscription of 1.09 times, according to the NSE data till 1300 hrs. The company has raised Rs 652 crore from anchor investors. Equitas Holdings, with a licence for a small finance bank, has fixed the price band at Rs 109-110 per share. The initial share sale programme will close today.
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