Suraksha Diagnostic’s IPO Subscribed 11%

New Delhi: The initial public offer of Suraksha Diagnostic Ltd got subscribed 11 per cent on the first day of share sale on Friday. The share sale received bids for 14,58,872 shares against 1,34,32,533 shares on offer, as per NSE data. The Retail Individual Investors (RIIs) part got subscribed 20 per cent and non-institutional investors category received 4 per cent subscription. Integrated diagnostic chain Suraksha Diagnostic Ltd on Thursday said it has mobilised Rs 254 crore from anchor investors. The Rs 846-crore initial share sale will conclude on December 3. The shares are available in the price range of Rs 420 to Rs 441 apiece. The Kolkata-headquartered company’s IPO consists of an Offer for Sale (OFS) of 19,189,330 equity shares worth Rs 846.25 crore, at the upper end of the price band, by promoters and investor shareholders, with no fresh issue component. Under the OFS, promoters Somnath Chatterjee, Ritu Mittal, and Satish Kumar Verma; and investors OrbiMed Asia II Mauritius Ltd, Munna Lal Kejriwal and Santosh Kumar Kejriwal will offload shares.