Issue Subscribed 27% So Far, Retail Portion Fully Booked

Share via:


SUMMARY

D2C mattress and furniture company Wakefit’s IPO was subscribed 27.4% till 12:38 IST on the second day of bidding

The public offering saw high interest from retail investors, with their portion oversubscribed 1.3X. They placed bids for 87.8 Lakh shares against 66.1 Lakh shares reserved for them

Qualified institutional buyers (QIBs) showed the least interest in the issue, bidding for only 10,488 shares as against 1.98 Cr shares on offer

D2C mattress and furniture company Wakefit’s IPO was subscribed 27.4% till…



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.

Popular

More Like this

Issue Subscribed 27% So Far, Retail Portion Fully Booked


SUMMARY

D2C mattress and furniture company Wakefit’s IPO was subscribed 27.4% till 12:38 IST on the second day of bidding

The public offering saw high interest from retail investors, with their portion oversubscribed 1.3X. They placed bids for 87.8 Lakh shares against 66.1 Lakh shares reserved for them

Qualified institutional buyers (QIBs) showed the least interest in the issue, bidding for only 10,488 shares as against 1.98 Cr shares on offer

D2C mattress and furniture company Wakefit’s IPO was subscribed 27.4% till…



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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

AI won’t steal jobs, ours is last generation to...

Tech giant Microsoft's India and South Asia President...

tvOS 26.2 now available for Apple TV 4K, here’s...

Apple’s latest lineup of software updates has arrived,...

Today’s NYT Strands Hints, Answer and Help for Dec....

Looking for the most recent Strands answer? Click here for...

Popular