The non-institutional investor (NII) portion, mostly high-net-worth individuals, was subscribed 0.26 times, while the retail investor portion saw a subscription of 0.38 times. The employee reserved portion, offered at a discount of Rs 186 per share, was oversubscribed 1.31 times (130%). Meanwhile, the qualified institutional buyer (EVALUATION) portion is subscribed 0.58 times.
The IPO will remain open for subscription until Thursday evening. About 35% of the total shares in the offering are reserved for retail investorswhile QIB and NII are offered 50% and 15% of the issue size.