Issue Oversubscribed 9.4X On Day 2

The IPO received overall bids for 12 Cr shares against 1.31 Cr shares on offer, translating to 9.4X oversubscription

The retail category saw the highest subscription at 37X, receiving bids for 8.52 Cr shares against 23 Lakh shares on offer

DevX’s IPO solely comprises a fresh issue of up to 2.35 Cr shares and has set a price band of INR 56 to INR 61 for the public issue

After ending the first day of its IPO with an oversubscription of 5.3X, driven primarily by retail investors, coworking space provider DevX’s…