₹1600 crore is open for subscription and is witnessing a tepid response. Entero Healthcare Solutions IPO opened for subscription on Friday, February 9. At the end of day 1, Entero Healthcare Solutions IPO subscription status was 10 per cent.
Entero Healthcare IPO retail investors portion was subscribed 45 per cent, the Non-Institutional Investors (NII) portion was booked 4 per cent, and the Qualified Institutional Buyers (QIB) portion was yet to be booked. The employee portion was subscribed 33 per cent. Also Read: Entero Healthcare IPO: Issue receives tepid response from investors on Day 01; Check GMP, Entero IPO subscription status Entero Healthcare Solutions raised ₹716 crore from anchor investors a day ahead of its IPO subscription opening for bidding.
Also Read: Entero Healthcare Solutions IPO: Firm mobilises ₹716 crore from anchor investors ahead of issue Entero Healthcare Solutions IPO basis of allotment of shares will be finalised on Wednesday, February 14, and the company will initiate refunds on Thursday, February 15, while the shares will be credited to the demat account of allottees on the same day following the refund. Also Read: Entero Healthcare Solutions IPO opens today. GMP, subscription status, review, other details.
Apply or not? The primary line of business of Entero Healthcare Solutions is in the distribution of healthcare products to retail pharmacies, hospitals and healthcare clinics in India, according to the company's RHP. Entero Healthcare Solutions IPO GMP: Shares of the company are available at a premium of ₹5 in the grey market today, say market observers. Here are 10 key things about the Entero Healthcare Solutions IPO, according to the company's Red Herring Prospectus (RHP): About Entero. Read more on livemint.com