The Rs 609-crore initial public offer (IPO) of PC Jeweller was oversubscribed on the last day of the issue recently, getting a total subscription worth over Rs 3,258 crore. The IPO drew bids for over 26 crore shares against 4.51 crore shares on offer, translating to 6.79 times subscription.%% The Qualified Institutional Buyers (QIBs) portion was subscribed 5.24 times, while non-institutional investors received 2.97 times subscription. Shares reserved for retail investors got 62 per cent subscription, the data showed on BSE website showed. While 1.56 crore shares each are reserved for QIBs and retail, around 67.16 lakh shares are reserved for non-institutional investors. The company has fixed the price band of IPO at Rs 125-135 per share, having a face value of Rs 10 each. The public issue had started on Monday.%% At the upper band, PC Jeweller would rise a little over Rs 609 crore through IPO, while at lower band, the company would mop up Rs 564 crore. The company has 30 showrooms across the country and it has plans to open 20 new retail showrooms by utilising funds raised through IPO. The Delhi-based jeweller had posted a turnover of about Rs 3,000 crore in 2011-12 fiscal.