India, Aug. 14 -- Update | August 14, 19:45 IST

Shiprocket's public issue closed with an oversubscription of 99.38X, with investors bidding for 938.53 Cr shares against 9.44 Cr shares on offer.

The interest was led by qualified institutional buyers (QIBs), who oversubscribed their quota by 122.8X. These investors placed bids for 62.59 Cr shares against 5.10 Cr shares reserved for the category.

The quota reserved for institutional investors (NIIs) was oversubscribed 88.99X, with these investors bidding for 23.14 Cr shares against 2.60 Cr shares reserved.

Within the NII category, the portion for applications above Rs.10 Lakh was subscribed 99.18X, receiving bids for 17.38 Cr shares against 1.75 Cr shares reserved, while the portion for ...