Popular Vehicles and Services IPO: Issue subscribed 87% on day 3 so far, QIB portion fully booked; check GMP
BSE data. The retail investors portion has been subscribed 94%, Non Institutional Investors (NII) portion has been booked 27%, and Qualified Institutional Buyers (QIB) portion is booked 1.14 times .
The employee portion has been subscribed 7.14 times. Also Read: Popular Vehicles and Services IPO last day today: Should you apply to the issue? Check GMP, review, subscription status During the second day of the issue, Popular Vehicles and Services IPO attempted to break through in an otherwise quiet market and hit its subscription target.
According to BSE data, Popular Vehicles IPO subscription status was 45% on Day 2. The retail investor portion subscribed at 78%, the NII portion has been booked at 20%, and the QIB portion was not booked.
The employee portion was subscribed to 6.16 times. "Exciting news! Mint is now on WhatsApp Channels
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