The category reserved for qualified institutional buyers (QIBs) was subscribed 16.60 times, non institutional investors 2.29 times and retail investors 91 per cent, merchant banking sources said.
The IPO received 11.37 lakh applications, they added.
Till yesterday, the IPO was subscribed 1.17 times.
Price band for the offer has been fixed at Rs 275-290 per share.
The public issue comprises sale of 1,91,246,050 equity shares, amounting to 9.55 per cent stake, by HDFC Ltd and up to 1,08,581,768 scrips, or 5.42 per cent, holding by Standard Life Mauritius.
Morgan Stanley India Company, HDFC Bank, Credit Suisse Securities (India), CLSA India and Nomura Financial Advisory and Securities (India) are the global coordinators and book running lead managers to the offer.
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