Retail investors shouldered much of the demand, subscribing to 68% of their quota
Qualified institutional buyers (QIB) ramped up bidding on the third day to 47% after being stuck on 13% for the first two days
The least interest in the issue was expressed by non-institutional investors who bid for 3% of their total quota
NBFC Aye Finance’s IPO picked up pace on the final day of bidding and was subscribed 51% as of 14:15 IST. It received bids for 2.30 Cr shares against 4.55 Cr shares on offer.
Qualified…

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