FinTech

Issue Oversubscribed 1.1X On Day 2 So Far

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SUMMARY

The public issue was subscribed 1.14X at 12:30 IST today, receiving cumulative bids for 41.65 Cr shares against 36.48 Cr shares on offer

Retail individual investors (RIIs) continued to show strong interest, leading the subscription momentum on Day 2

Qualified institutional buyers (QIBs) continued to show the least interest in the public issue, with their quota subscribed just 10%

Groww’s IPO continued to attract steady interest from investors on the second day of bidding. The public issue was subscribed 1.14X at…

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