‘Heavily oversubscribed’ Doc Martens IPO shuts early

By Sam Kerr
27 Jan 2021

The IPO of Dr Martens, the UK bootmaker, shut on Thursday, two days earlier than planned after the company attracted heavy demand in its first few days of bookbuilding.

Books were opened shortly after 7am UK time on Monday. Just over an hour later, the bookrunners told investors the full deal size was covered throughout the range.

The banks had set a range of £3.30 to £3.70 a share, sizing the deal at £1.16bn to £1.3bn at ...

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