Issue Subscribed 17% On Day 1 So Far

The portions reserved for non-institutional investors and employees saw the highest demand, with both segments getting subscribed 25%

Retail investors bid for 11.31 Lakh shares against 51.73 Lakh shares on offer, translating to 22% subscription

Smartworks has set a price band of INR 387 to INR 407 for its IPO, which comprises a fresh issue of up to INR 445 Cr and an OFS of up to 33.79 Lakh shares

The IPO of managed workspace provider Smartworks got off to a slow start,…