The initial public offering of Jubilant Foodworks, which runs fast food retail chain under

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the Dominos pizza brand in India, got fully subscribed on second day of the issue today.

The issue received bids for over 2.13 crore shares (1.09 times) against 1.96 crore shares on offer for public, as per the latest data available with the National Stock Exchange.

The company, which expects to garner about Rs 329 crore through the initial public offer (IPO), has fixed the price band for the offer between Rs 135 and Rs 145 per equity. The issue closes on January 20.

Till yesterday, the portion of shares for non- institutional investors remained under-subscribed, whereas the Qualified Institutional Buyers category got subscription for 35 per cent of shares reserved for them.

Demand from retail investors was also muted with only 2 per cent of the shares reserved for them getting subscribed, the latest data shows.

Kotak Mahindra Capital Company is acting as the sole book running lead manager to the offer.

The IPO comprises a fresh issue of 40 lakh equity shares and an offer for sale of 1.86 crore shares by India Pvt Equity Fund (Mauritius) and Indocean Pizza Holding.