MUMBAI: Hathway Cable & Datacom‘s IPO scraped through, getting subscribed by 1.36 times on the final day of offer.

The issue, which was subscribed 0.91 times at the end of two days, received bids for 30.90 million equity shares against 22.75 million offered for public. Most of the bids came at the lower end of the price band.

Hathway hopes to raise Rs 7.35 billion at the upper and Rs 6.66 billion at the lower price band.
 
The issue got good response from non-institutional investors, who subscribed 4.29 times of the shares reserved for them.

However, the response from the retail individual investors was lukewarm, attracting bids for just 0.27 times of the reserved 8.32 million shares. 
 
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.