India, Oct. 6 -- WeWork India's IPO continued to see a muted response on Day 2 and was subscribed 7% by 11:15 AM, up slightly from 4% on Day 1.
As per the data available on the BSE, the issue received bids for 17 Lakh shares as against 2.54 Cr shares on offer.
The employees' quota was the only segment to be oversubscribed at 1.2X, receiving bids for 71,000 shares against 59,523 shares on offer.
The portion reserved for retail investors was subscribed 26%, getting bids for 12 Lakh shares against 46.23 Lakh shares on offer.
Non-institutional investors (NIIs) and qualified institutional buyers (QIBs) continued to show negligible interest. The NII portion was subscribed 4%, receiving bids for 2.7 Lakh shares as against 69.35 Lakh shares r...
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