Awfis Space IPO oversubscribed on Day 2, with retail, NIIs support. Check GMP, subscription status, more. Apply or not?

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Also Read: Awfis Space Solutions IPO opens today. Check GMP, subscription status, should you subscribeThe initial public offer of co-working space operator got booked 2.03 times on the first day of bidding led by the retail portion.

The retail individual investor category received 6.02 subscriptions, whilst the non-institutional investor quota received 2.76 subscriptions. The portion for qualified institutional buyers was booked 30%.

The Peak XV-backed Awfis Space Solutions IPO will close on Monday, May 27.32 anchor investors contributed ₹268.61 crore to Awfis Space Solutions Limited at an upper price range of ₹383 per equity share.Among the international funds that stood out were the Volrado Venture Partners Fund, HSBC Global Investors Fund, Allianz Global Investors Fund, Goldman Sachs Funds, and Natixis International Funds. Ashoka Whiteoak Emerging Markets Trust PLC and Ashoka Whiteoak ICAV took a larger investment position.10% of the net offer is reserved forretail investors, 15% is reserved by non-institutional buyers, and 75% of the offer is offered to qualified institutional buyers (QIBs) through the book building process.Also Read: Awfis Space Solutions IPO to open tomorrow; Here are 10 things to know before subscribing to the issueA discount of ₹36 per equity share is available to employees who are bidding in the employee reserve portion.