India, Nov. 6 -- Update | November 6, 17:50 IST

Groww's IPO continued to see strong investor interest on day two. The company's IPO ended the day with an oversubscription of 1.64X, receiving bids for 59.82 Cr shares against 36.47 Cr shares on offer.

Retail individual investors (RIIs) remained the most enthusiastic on the public offering, oversubscribing their quota by 5.02X. These investors placed bids for 33.29 Cr shares against 6.63 Cr shares reserved for them.

Following retail investors, non-institutional investors (NII) segment oversubscribed their quota by 2.26X, bidding for 22.49 Cr shares against the 9.95 Cr shares earmarked for them.

Within this category, NIIs bidding for shares worth in a range of INR 2- 10 Lakh oversubscribe...