Parag Milk IPO subscribed 1.4 times
The IPO of Parag Milk Foods, which closes today, was oversubscribed 1.4 times on the fifth day of the issueon Tuesday. The Rs 760-crore IPO, which opened on Wednesday, was extended on Friday for another three days to May 11. The price band was revised down to Rs 215-227 per share from Rs 220-227 fixed earlier. The retail investor category was subscribed 1.83 times.