Mahindra Holidays IPO subscribed 3.13 times

Newswire

MUMBAI, June 26 (Reuters) - Mahindra Holidays & Resorts India Ltd's 9.27-million-share initial public offer (IPO) has been subscribed 3.13 times the shares on sale, according to data on the National Stock Exchange on Friday. Mahindra Holidays, a unit of utility vehicle maker Mahindra & Mahindra Ltd , had set a price range of 275-325 rupees a share for the issue, which is set to close later in the day. The issue had received 29.03 million bids in total as of 1:19 p.m. on Friday. ...

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