LEAP India IPO: Issue Subscribed 1.71X On Day 3 So Far
India, Aug. 11 -- Logistics tech company LEAP India's IPO got completely subscribed in the early hours of trade on the final day of bidding. As of 13:27 IST, investors have placed bids for 19.64 Cr shares against 11.50 Cr shares on offer, translating to an oversubscription of 1.71X.
Interest from non institutional investors (NIIs) picked up significantly on the final day of bidding, with these investors oversubscribing their quota by 3.33X. These investors have placed bids for 8.20 Cr shares against 2.46 Cr shares allocated for them.
Qualified institutional buyers (QIBs) continued to remain bullish on the public float on the final day. As of now, QIBs have oversubscribed their quota by 1.90X, placing bids for 6.25 Cr shares against the ...
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