New Delhi, Sep 30 (PTI) The initial public offer of Fabtech Technologies Ltd, a turnkey engineering solutions provider for the pharmaceuticals, biotech and healthcare industry, got fully subscribed on the second day of share sale on Tuesday.
The Rs 230-crore IPO received bids for 1,21,11,225 shares against 1,20,60,000 shares on offer, as per NSE data.
Among investor categories, the Retail Individual Investors (RIIs) portion fetched 1.20 times subscription, while the quota for Qualified Institutional Buyers (QIBs) received 94 per cent subscription and non-institutional investors 76 per cent.
Fabtech Technologies has fixed a price band of Rs 181-191 per share for its Rs 230-crore initial public offering (IPO).
The initial share sale will conclude on Wednesday.
The company’s IPO is entir