India, Oct. 3 -- Updated | October 03, 19:20 IST

The public issue of WeWork India was subscribed 4% on the first day of bidding, receiving bids for 11 Lakh shares against 2.54 Cr shares on offer.

The issue witnessed highest interest from employees with the portion reserved for them getting subscribed 0.90X. They placed bids for 53K shares while the company had reserved 59K shares for them.

Retails Investors' portion was subscribed 0.14X, with them placing bids for 6.69 Lakh shares against 46 Lakh shares on offer.

The QIB and NII portions were also oversubscribed at 0.02X and 0.02X, respectively. While QIBs applied for 2.7 Lakh shares against 1.38 Cr shares reserved for them, NIIs placed bids for 1.1 Lakh shares against 69 Lakh shares ...