[Update] LEAP India IPO: Issue Subscribed 49% On Day 2
India, Aug. 10 -- Update | August 10, 20:40 IST
Logistics tech company LEAP India's IPO was subscribed 49% at the end of second day of bidding. As per BSE data, the IPO received bids for 5.62 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 the day with a 61% subscription. These investors placed bids for 2.01 Cr shares against the 3.28 Cr shares reserved for them.
Interest from non institutional investors (NIIs) picked up pace during the day, with these investors subscribing their quota by half at the end of day two of bidding. NIIs have placed bids for 1.24 Cr shares against 2.46 Cr shares reserved for them.
Meanwhil...
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