New Delhi, Dec 11 (PTI) The initial public offering of Park Medi World, which operates a hospital chain under the Park brand, received 98 per cent subscription on the second day of share sale on Thursday.

The Rs 920-crore IPO received bids for more than 4.11 crore (4,11,32,832) equity shares against 4.18 crore (4,18,18,182) shares on offer, according to the NSE data.

The portion for Non Institutional Investors subscribed 1.38 times, while the quota for Retail Individual Investors (RIIs) received 1.19 times subscription. The part for Qualified Institutional Buyers (QIBs) was subscribed 32 per cent.

The IPO of Park Medi World subscribed 52 per cent subscription on the first day of share sale on Wednesday.

Park Medi World on Tuesday said it has collected Rs 276 crore from anchor investors

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