India, Aug. 3 -- Edtech startup Klassroom's BSE SME IPO continued to witness strong investor demand on the second day of bidding. As of 14:20 IST on Monday, investors placed bids for 15.99 Lakh shares against a total offer size of 17.58 Lakh shares on offer, translating to a 91% subscription.

Retail investors have been the most bullish on the company's public float since day one. These investors have already oversubscribed their quota by 1.2X, placing bids for 9.8 Lakh shares against 8.17 Lakh shares earmarked for them.

Trailing RIIs, qualified institutional buyers (QIBs) also subscribed their quota by 68%. These investors have bid for 3.15 Lakh shares against 4.64 Lakh shares reserved for them as of now.

Meanwhile, non institutional i...