Fortis Healthcare has fixed the issue price at Rs 108 per share for its initial public offer (IPO) of 4.59 crore equity shares. The price band for IPO was Rs. 92 to Rs 110 per share.
The issue had opened for subscription on April 16, 2007 and closed on April 20, 2007. The issue was subscribed 2.78 times. The qualified institutional buyers (QIB) portion was subscribed 2.72 times, non-institutional portion 1.74 times and the retail portion 3.26 times
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