Issue Subscribed 72% On Day 2 So Far 

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SUMMARY

The portion reserved for NIIs saw an overwhelming response, with 1.3X subscription

Following NIIs, retail investors showed strong interest, bidding for 44.27 Lakh shares against 51.73 Lakh shares reserved for them

Trailing behind this was the employee portion, which got subscribed 73%, as 77.7K employees bid for 1.07 Lakh shares on offer

After ending the first day of its IPO with an overall subscription of 50%, driven primarily by the enthusiasm of non-institutional…



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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Issue Subscribed 72% On Day 2 So Far 


SUMMARY

The portion reserved for NIIs saw an overwhelming response, with 1.3X subscription

Following NIIs, retail investors showed strong interest, bidding for 44.27 Lakh shares against 51.73 Lakh shares reserved for them

Trailing behind this was the employee portion, which got subscribed 73%, as 77.7K employees bid for 1.07 Lakh shares on offer

After ending the first day of its IPO with an overall subscription of 50%, driven primarily by the enthusiasm of non-institutional…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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