New Delhi, March 10 -- The initial public offering (IPO) of Innovision, a provider of manpower services, which opened for subscription today, March 10, received a muted response from investors. By the end of the day, the issue was subscribed to just 0.02 times, with 1.24 lakh shares bid for against the 58.91 lakh shares on offer, according to exchange data.

The retail portion was subscribed 0.02 times, while the qualified institutional buyer (QIB) portion was fully subscribed, and the non-institutional investor (NII) portion has not yet opened for bidding.

The IPO, which opened today, will remain available for bidding until Thursday, March 12. It aims to raise Rs.322.84 crore through this IPO, which is a combination of a fresh issue of ...