Kalpataru IPO subscribed 2.26 times on last day of offer

Kalpataru Ltd’s IPO received 2.26 times subscription, with bids for 5,15,74,140 shares against 2,28,26,516 shares on offer. The QIBs category received 3.12 times subscription, while non-institutional investors subscribed 1.31 times and Retail Individual Investors 1.29 times. The company raised Rs 708 crore from anchor investors and has a price band of Rs 387-414 per share. […]