Issue Oversubscribed 1.1X On Day 2 So Far

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SUMMARY

The public issue was subscribed 1.14X at 12:30 IST today, receiving cumulative bids for 41.65 Cr shares against 36.48 Cr shares on offer

Retail individual investors (RIIs) continued to show strong interest, leading the subscription momentum on Day 2

Qualified institutional buyers (QIBs) continued to show the least interest in the public issue, with their quota subscribed just 10%

Groww’s IPO continued to attract steady interest from investors on the second day of bidding. The public issue was subscribed 1.14X at…



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Issue Oversubscribed 1.1X On Day 2 So Far


SUMMARY

The public issue was subscribed 1.14X at 12:30 IST today, receiving cumulative bids for 41.65 Cr shares against 36.48 Cr shares on offer

Retail individual investors (RIIs) continued to show strong interest, leading the subscription momentum on Day 2

Qualified institutional buyers (QIBs) continued to show the least interest in the public issue, with their quota subscribed just 10%

Groww’s IPO continued to attract steady interest from investors on the second day of bidding. The public issue was subscribed 1.14X at…



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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