New Delhi, Feb. 25 -- The initial public offering (IPO) of Yaap Digital, backed by marquee investors Mukul Agrawal and Sunil Singhania, opened for bidding on Wednesday, February 25, garnering a strong response from investors.

Yaap Digital IPO, worth Rs.80 crore, sailed through within less than 30 minutes of opening. The offer is entirely a fresh share sale of 0.55 crore shares, with no offer-for-sale (OFS) component.

The NSE SME IPO will close for bidding on Friday, February 27. Meanwhile, the allotment is expected to take place on Monday, March 2, and the listing is slated for March 5.

Investors looking to apply for Yaap Digital IPO can do so in lots of 1000 shares, priced in the range of Rs.138 to Rs.145 apiece. Retail investors need...