India, Aug. 4 -- Update | August 04, 20:10 IST

The public issue of edtech company Klassroom ended the final day of bidding with an oversubscription of 146%. As per BSE data, the IPO received bids for 25.66 Lakh shares against the 17.58 Lakh shares on offer.

Retail investors were the most interested in the public float and oversubscribed their quota by 1.79X. These investors placed bids for 14.64 Lakh shares against the 8.18 Lakh shares reserved for them.

The portion reserved for non institutional investors (NIIs) was also oversubscribed by 1.35X, with investors placing bids for 6.42 Lakh shares against 4.76 Lakh shares today.

Qualified institutional buyers (QIBs) also subscribed to their quota, placing bids for only 4.64 Lakh shares r...