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
Ace investor Rakesh Jhunjhunwala has earned Rs 832 crore through the shares of Metro Brands and Star Health Insurance in the last one month.
The shares of recently-listed Star Health Insurance have risen by Rs 54.50 in a month, rising from Rs 686.60 to Rs 741.10 apiece. Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala together held 10,07,53,935 company shares or 17.50 per cent stake in the company at the end of December quarter last fiscal. Jhunjhunwala earned Rs 550 crore from Star Health shares in the last one month.