Inox IPO booked 61x, Muthoot Microfin off toa good start Inox India's 1,460 crore public issuance was subscribed to nearly 61 times on the concluding day. The Gujaratbased firm had set the price band of 627 to X660 apiece. The institutional portion was subscribed nearly 148 times, with most of the bids coming on the last day. The retail portion was subscribed to with a 15-times subscription, while the wealthy investor portion was subscribed to 53.2 times. On the other hand, the IPOs of three other companies opened for subscription on Monday. Muthoot Microfin's X960 crore issuance was 82 per cent full, with retail investors' portion subscribed 1.38 times. However, the institutional portion remained unsubscribed on the first day. Motisons Jewellers IPO saw an overwhelming response on the first day, with nearly 15 times subscriptions driven GOING PUBLIC Name of No. of times the issue subscribed Inox India 61.28 Muthoot Microfin 0.80 Suraj Estate Developers 0.72 Motisons Jewellers 15.02 Source: Exchanges by demand from both retail and wealthy investors. The jewellery maker intends to raise X151 crore through the fresh issuance. Real estate player Suraj Estate, whose IPO is priced in the range of 340-360 apiece, was also subscribed 72 per cent atthe end of the first day. The retail portion was fully subscribed. Meanwhile, public issuance of RBZ Jewellers, Happy Forging, and Credo Brands will be open for subscription on Tuesday. BS REPORTER