Shalby Limited IPO sees tepid response from investors on day 1

Shalby Limited, Ahmedabad-based multi-speciality hospital chain, on Tuesday launched it's initial public offering (IPO)  received a tepid response from investors during the day.
At 1526 hours, as per NSE data, the company received bids of 25,91,700 equity shares, subscribing by just 18% compared to its total issue size of 1,45,21,686 equity shares.

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