The portion reserved for qualified institutional buyers (QIB) was subscribed 68 times, while the non-institutional investors portion was subscribed 17 times. Retail investors bid for 3.78 times the shares set aside for them.
The issue, which will close on August 8, is entirely an offer-for-sale, where the existing shareholder Helix Investments Holdings will sell up to 20.92 million equity shares, the company said.
Topping the chart is Radhakishan Damani, promoter of Avenue Supermarts that runs and operates retail format stores D-Mart. At the end of March, Damani's cumulative holding was worth Rs1.53 trillion