India, April 30 -- Update | April 30, 18:55 IST

The public issue of lending tech company Kissht was subscribed 24% on the first day of its IPO bidding today (April 30).

As per BSE data, the IPO received bids for 94.35 Lakh shares as against the 3.98 Cr shares on offer.

Qualified institutional buyers (QIBs) showed the highest interest in the IPO, with the portion reserved for seeing a 66% subscription. These investors placed bids for 74.28 Lakh shares as against 1.13 Cr shares reserved for them.

The Non institutional investors (NIIs) portion was subscribed 10%, getting bids for 8.89 Lakh shares against 85.36 Lakh shares on offer.

Meanwhile, the retail individual investor (RII) portion received a mere 6% subscription. These investors p...