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The qualified institutional buyers’ (QIBs) made a last-minute dash for the IPO, emerging as the most subscribed category at 14.3X
Closely behind QIBs were retail individual investors. The portion reserved for retail investors was subscribed the most at 12.8X
Non-institutional investors (NIIs) saw 8.2X subscription with bids for 3.8 Cr shares against 46.5 Lakh shares reserved for them.
Update | July 25, 7 PM
The IPO of workspace solutions provider IndiQube
closed…
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.
The qualified institutional buyers’ (QIBs) made a last-minute dash for the IPO, emerging as the most subscribed category at 14.3X
Closely behind QIBs were retail individual investors. The portion reserved for retail investors was subscribed the most at 12.8X
Non-institutional investors (NIIs) saw 8.2X subscription with bids for 3.8 Cr shares against 46.5 Lakh shares reserved for them.
Update | July 25, 7 PM
The IPO of workspace solutions provider IndiQube closed…
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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