IndiaMART's IPO subscribed over 35 times on final day

The IPO of IndiaMART, an online marketplace for business products and services, was subscribed over 35 times on the final day of bidding. The ₹475-crore IPO received bids for 97 million shares against total issue size of nearly 2.7 million shares. The price range for the IPO, which opened for bidding on Monday, was fixed at ₹970-973 per share.