Issue Oversubscribed 1.68X On Day 2 So Far

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SUMMARY

The public issue was subscribed 1.68X as of 13:18 IST, receiving cumulative bids for 16.80 Cr shares as against 9.98 Cr shares on offer

Retail investors continued to lead the fray on Day 2, with their quota oversubscribed 2.77X

Qualified institutional buyers (QIBs) maintained a strong interest in the public issue, oversubscribing their quota 1.49X

LensKart’s IPO continued to see strong investor interest during the early hours of bidding on the second day. The public issue was subscribed 1.68X as of 13:18 IST,…



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Issue Oversubscribed 1.68X On Day 2 So Far


SUMMARY

The public issue was subscribed 1.68X as of 13:18 IST, receiving cumulative bids for 16.80 Cr shares as against 9.98 Cr shares on offer

Retail investors continued to lead the fray on Day 2, with their quota oversubscribed 2.77X

Qualified institutional buyers (QIBs) maintained a strong interest in the public issue, oversubscribing their quota 1.49X

LensKart’s IPO continued to see strong investor interest during the early hours of bidding on the second day. The public issue was subscribed 1.68X as of 13:18 IST,…



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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