New Delhi, Aug. 25 -- The initial public offering of the male condoms manufacturing company, Anondita Medicare, opened for subscription on Friday, August 22, and will close on Tuesday, August 26. The SME IPO is a fresh issue of 47,93,000 shares of the face value of Rs.10 each. The company aims to raise about Rs.69.50 crore from the issue, which it intends to use for capital expenditure and working capital requirements.

By 10:10 AM on Monday, the issue had seen an overall subscription of 6 times, with the retail portion booked 10 times, and the segment reserved for NIIs subscribed to almost 4.4 times. QIB's portion was booked 0.11 times.

1. Anondita Medicare IPO GMP: According to market sources, the latest grey market premium (GMP) of An...