The IPO received bids for 45,56,00,794 shares against the total issue size of 76,85,284 shares, data available with the NSE till 17:45 hours showed.
During the quarter, Maruti Suzuki sold 4,14,439 vehicles, a growth of 15 per cent over the same period previous year.
Indian shares retreated further on Friday from record highs hit this week as investors booked profits ahead of a long weekend.
Caution prevailed as investors were not keen to raise bets at prevailing record levels despite the start of May futures and options series in the derivatives segment.
The Sensex and Nifty took a breather in Thursday's session after hitting record highs in the previous day.
In early trade Hong Kong was down 0.3 percent after a six-day rally, while Tokyo ended the morning session 0.2 percent lower.
The company will not get any proceeds from the offering, which opens on May 8 and closes on May 11.
Axis Bank's advances grew 10 per cent in the March quarter while its retail loans registered a growth of 21 per cent. Also, its non-interest incomes like fee income grew 17 per cent.
The portion set aside for qualified institutional buyers (QIBs) was oversubscribed 2.68 times, while that for non-institutional investors was subscribed 24 per cent.
Currently, the only instrument available in the commodity derivatives market is futures on individual commodities.
The rupee has rallied over 6 per cent against the dollar so far this year.
Axis Bank, which reported its earnings post market hours on Wednesday, fell 2.5 per cent to be the top loser in the Nifty followed by Hindalco, Bharti Infratel, HDFC, ICICI Bank and Bank of Baroda, which fell between 0.6-1.2 per cent each.
On Wall Street, the S&P 500 ended down 0.05 percent, failing to cling to earlier gains made on optimistic views on corporate earnings.
The rupee ended 20-month high at 64.11 against the dollar today, compared toits Tuesday's close of 64.26.
Wipro on Tuesday registered a marginal rise in net profitfor the March quarter and offered a muted outlook, but soughtto cheer investors by announcing a bonus issue and a likelyshare buyback.
The Sensex moved above its important psychological level of 30,000 to hit new record high of 30,119 and Nifty touched peak of 9,357.55.
Analysts say that Nifty could be headed to 9,500 levels after breaking out of the 9,000-9,250 range.
Indian markets are set for a positive start in trades today tracking positive global cues. In today's session, the Bombay Stock Exchange benchmark, Sensex may cross its crucial psychological level of 30,000.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.1 percent, hovering near their highest since June 2015.