Issue Subscribed 7% On Day 2 So Far

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SUMMARY

The employees’ quota was the only segment to be oversubscribed at 1.2X, receiving bids for 71,000 shares against 59,523 shares on offer

The portion reserved for retail investors was subscribed 26%, getting bids for 12 Lakh shares against 46.23 Lakh shares on offer

WeWork India has set a price band of INR 615 to INR 648 for the IPO, which will close tomorrow

WeWork India’s IPO continued to see a muted response on Day 2 and was subscribed 7% by 11:15 AM, up slightly…



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Issue Subscribed 7% On Day 2 So Far


SUMMARY

The employees’ quota was the only segment to be oversubscribed at 1.2X, receiving bids for 71,000 shares against 59,523 shares on offer

The portion reserved for retail investors was subscribed 26%, getting bids for 12 Lakh shares against 46.23 Lakh shares on offer

WeWork India has set a price band of INR 615 to INR 648 for the IPO, which will close tomorrow

WeWork India’s IPO continued to see a muted response on Day 2 and was subscribed 7% by 11:15 AM, up slightly…



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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