Tree House Education's IPO subscribed 1.84 times

Initial Public Offer (IPO) of Tree House Education & Accessories was subscribed 1.84 times on the closing day of the issue. The issue which was priced in the range of Rs 135-153, received major bids at the lower end, according to the data available on the National Stock Exchange. The issue got bids for more than 1.32 crore equity shares against the issue size of 71.6 lakh shares (excluding anchor investors’ portion).