Zinka Logistics IPO Day 1: Check GMP, Price Band, Subscription, Key Dates, Review,
Zinka Logistics, which opened for subscription earlier today, has been subscribed by 21% so far on the first day of the bidding process.
Around 1:15 pm, the issue had attracted 46,70,514 bids out of the total 2,25,67,270 available for subscription. The highest demand was driven by the retail investors subscribing to the issue by 35%, followed by the qualified institutional buyers (QIBs)
with a subscription of 26%.
Meanwhile, the non-institutional investors (NIIs) had subscribed to the issue by merely 1%.
The qualified institutional buyers (QIBs) are yet to subscribe to the issue.
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