India, May 4 -- The public issue of lending tech company Kissht's parent OnEMI Technology Solutions saw a steady investor response on the second day of bidding. The issue received bids for 1.35 Cr shares against a total offer size of 3.97 Cr shares on offer as of 12:30 IST, translating to a 34% subscription.
Similar to the trends on the first day, qualified institutional buyers (QIBs) continued to lead the IPO. They placed bids for 91.73 Lakh shares against 1.13 Cr shares reserved for them, resulting in 81% subscription of their quota.
The portion reserved for non-institutional investors (NIIs) was subscribed 23%, getting bids for nearly 20 Lakh shares against 85.36 Lakh shares on offer.
The interest from retail individual investors sh...
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