MUMBAI Brigade Hotel Ventures’ IPO was subscribed 4.48 times on Monday, its final day of bidding. The retail investor category of the issue was subscribed 6.4 times while the qualified institutional investors category was subscribed 5.42 times.
The non institutional investors or high net worth investors category was subscribed 1.92 times. The IPO comprised a fresh issue of Rs 759.6 crore.