New Delhi, Dec 10 (PTI) The initial share sale of home and furnishings company Wakefit Innovations Ltd was subscribed to more than 2 times on the final day of share sale on Wednesday.

The Rs 1,289-crore initial public offering (IPO) got bids for 9,16,72,720 shares against 3,63,53,276 shares on offer, according to the NSE data.

Category-wise, shares meant for retail individual investors (RIIs) subscribed 3.17 times, while the quota for Qualified Institutional Buyers (QIBs) received 3.04 times subscription. The portion for Non Institutional Investors subscribed 1.05 times.

The home and furnishings company on Friday collected Rs 580 crore from anchor investors.

The IPO comprises a fresh issue of equity shares worth up to Rs 377.18 crore and an offer for sale (OFS) of 4,67,54,405 shares, v

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