MUMBAI: Hathway Cable & Datacom‘s IPO was subscribed by 0.91 times on the second day of offer, as per data on the BSE.

The issue received bids for 20.65 million equity shares against 22.75 million offered for public.
 
Interest from the retail individual investors, however, has remained tepid so far with just 0.07 times of the reserved 8.32 million shares being subscribed.

Non-institutional investors subscribed 3.52 times the shares reserved for them.

On Monday, Hathway had lined up five anchor investors who put in Rs 1.2 billion for 18 per cent of the IPO (4.99 million shares) at Rs 240 a share. 
 
Hathway‘s IPO will close on 11 February. The leading MSO has a public issue of up to 27.75 million, consisting of a fresh issue of up to 20 million equity shares (Rs 10 each) and an offer for sale of 7.75 million.

Hathway plans to raise Rs 7.35 billion at the upper and Rs 6.66 billion at the lower price band.