Quick Heal IPO subscribed 77%

10.1 mn-share offering has received 7.8 mn bids so far

IPO
<a href="http://www.shutterstock.com/pic-201141566.html" target="_blank">Image</a> via Shutterstock
BS Reporter Mumbai
Last Updated : Feb 09 2016 | 10:14 PM IST

Anti-virus product company Quick Heal Technologies’ initial public offering (IPO) was subscribed 77 per cent on Tuesday.

The 10.1 million-share offering has received 7.8 million bids so far.

The issue closes on Wednesday. Bulk of the bids in the IPO have come from retail investors. Quick Heal IPO is looking to mobilise about Rs 450 crore.

The IPO price band is Rs 311 to Rs 321 per share.

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First Published: Feb 09 2016 | 10:10 PM IST

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