Issue Oversubscribed 13X On Day 3 So Far

The portion reserved for QIBs was oversubscribed 24.4X, with them placing bids for 7.08 Cr shares against 29 Lakh shares on offer

Close behind QIBs were NIIs, with an oversubscription of 22.24X. Retail investors’ portion was subscribed 3X

The bidding for Smartworks IPO will close today and the company’s shares are expected to list on the stock exchanges on July 17

Coworking company Smartworks’ public issue witnessed bumper response from qualified institutional…