India, May 5 -- Lending tech company Kissht's parent OnEMI Technology Solutions' IPO got fully subscribed on the final day of bidding. The public issue received bids for 7.35 Cr shares against 3.98 Cr shares on offer, translating to 1.85X subscription, as of 13:35 IST.
Qualified institutional buyers (QIBs) continued to lead the demand, bidding for 5.48 Cr shares as against 1.13 Cr shares reserved for them. Their portion was subscribed 4.85X.
Non-institutional investors (NIIs) followed suit, placing bids for 1.30 Cr shares against 85.36 Lakh shares earmarked for them. This translated to an oversubscription of 1.53X.
Meanwhile, retail investors continued to show a lukewarm response to the IPO. They bid for 56.45 Lakh shares against 1.99 ...
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