Jet IPO subscribed 13 times

The Jet Airways IPO, which closed today, has been subscribed 13.35 times.

According to data on the website of the National Stock Exchange, the offer attracted bids for 23,05,84,086 crore shares as against the offer for 1,72,66,801 shares.

The maximum bids (21.81 crore shares) have been made at Rs 1,125 - the top level of the offer band of Rs 950-1,125 per share.