eCommerce
Issue Subscribed 27% So Far, Retail Portion Fully Booked
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SUMMARY
D2C mattress and furniture company Wakefit’s IPO was subscribed 27.4% till 12:38 IST on the second day of bidding
The public offering saw high interest from retail investors, with their portion oversubscribed 1.3X. They placed bids for 87.8 Lakh shares against 66.1 Lakh shares reserved for them
Qualified institutional buyers (QIBs) showed the least interest in the issue, bidding for only 10,488 shares as against 1.98 Cr shares on offer
D2C mattress and furniture company Wakefit’s IPO was subscribed 27.4% till…
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