NSE IPO Subscription Hits 1.16x on Day 2, Retail Portion at 72%
The NSE IPO had received bids for 1.16 times the 8.86 crore shares on offer by the close of Day 2. The retail portion, which had 4.41 crore shares reserved for individual investors, was subscribed at 72%. In the grey market, the IPO's grey market premium stood at 3% on Day 3. The subscription figures indicate moderate investor interest so far, with the retail segment yet to be fully covered.
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