India Pesticides IPO subscribed 29 times on final day

The INR 800-crore IPO of India Pesticides was subscribed 29 times on the final day. Investors bid for 56.07 crore shares against the 1.93 crore shares on offer. The portion for qualified institutional investors was subscribed 42.95 times while the non-institutional investor category received bids for 51.88 times.