India, Sept. 2 -- Update | September 2, 18:55 IST

Pernia's Pop-Up Shop saw its Rs.680 Cr fresh issue IPO was oversubscribed by 1.29X on the final day of bidding, with retail investors and QIBs driving demand.

Investors placed bids for 88.54 Lakh shares against 68.49 Lakh, according to BSE data.

Retail investors led the demand, oversubscribing to their quota 1.57X. The category received bids for 19.57 Lakh shares against the 12.45 Lakh shares reserved for them.

QIBs oversubscribed their portion by 1.43X, placing bids for 53.27 shares against 37.26 shares available to them.

NIIs, meanwhile, undersubscribed their quota, placing bids for 15.70 Lakh shares against 18.68 Lakh shares on offer. This translates to 84% subscription of their re...