Wockhardt Hospitals IPO subscribed 0.18 times

The Initial Public Offering of Wockhardt Hospitals Limited which opened for subscription on January 31, 2008 has received subscription of 0.18 times till 4:00 PM on 07 Feb 2008.

The company has come out with an IPO of 25087097 Equity Shares of Rs.10 each for cash at a price band of Rs 225 to Rs 260 through 100% book building process.

The IPO has received total bids for 4588680 equity shares against the offer of 25087097 shares. The issue has received bids for 3235640 equity shares at cut-off price.

The issue closes for subscription on February 7, 2008.

Source : Equity Bulls

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