NEW DELHI: The Rs 518 crore initial public offer (IPO) by Equitas Small Finance Bank (SFB) was subscribed 67 per cent on Day 2 of the bidding process so far while the retail quota was fully subscribed. The issue was subscribed 39 per cent by the end of the first day.
By 5.30 pm, the IPO had received bids for 7.7 crore shares compared with the issue size of 11.58 crore shares. Bidding was seen by retail individual investors (RIIs), whose quota was subscribed 1.4 times at the time of writ ..
NEW DELHI: The Rs 518 crore initial public offer (IPO) by Equitas Small Finance Bank (SFB) was subscribed 67 per cent on Day 2 of the bidding process so far while the retail quota was fully subscribed. The issue was subscribed 39 per cent by the end of the first day.
By 5.30 pm, the IPO had received bids for 7.7 crore shares compared with the issue size of 11.58 crore shares. Bidding was seen by retail individual investors (RIIs), whose quota was subscribed 1.4 times at the time of writ ..