[Update] LEAP India IPO: Issue Subscribed 26% On Day 1
India, Aug. 7 -- Update | August 07, 19:15 IST
Logistics tech company LEAP India's IPO was subscribed 26% at the end of day one. As per BSE data, the IPO received bids for 3.02 Cr shares against the 11.50 Cr shares on offer.
Qualified institutional buyers (QIBs) showed the highest interest in the IPO, with the portion reserved for them ending day one with a 61% subscription. These investors placed bids for 1.99 Cr shares against the 3.28 Cr shares reserved for them.
Meanwhile, interest from retail investors was also steady on the opening day. These investors bid for 74.10 Lakh shares against the 5.74 Cr shares reserved for them. This translates to a 13% subscription of their quota.
Non institutional investors (NIIs) subscribed their q...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.