SEDEMAC’s IPO was subscribed 31% on the second day of bidding, with investors placing bids for 17.42 Lakh shares
Qualified institutional buyers (QIB) had bid for 87% of their allotment by 13:45 PM IST, amounting to around 14 Lakh shares
Retail and non-institutional investors have comparatively shown muted interest for the IPO, bidding for 6% and 12% of their quotas, respectively
Update | March 5, 2026, 17:30 IST
SEDEMAC’s IPO gathered pace on the second day of…

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