Syrma SGS Technology IPO subscribed 7% within two hours on Day 1

According to the data from BSE, the investors made bids for 19,52,416 equity shares or only 7 per cent of the issue compared to the 2,85,63,816 equity shares offered for the subscription by 11.45 am Friday, August 12.The quota for retail bidders was subscribed 14 per cent, whereas the allocation for HNI investors fetched only 1 per cent bidding.

Syrma SGS Technology IPO subscribed 7% within two hours on Day 1
According to the data from BSE, the investors made bids for 19,52,416 equity shares or only 7 per cent of the issue compared to the 2,85,63,816 equity shares offered for the subscription by 11.45 am Friday, August 12.The quota for retail bidders was subscribed 14 per cent, whereas the allocation for HNI investors fetched only 1 per cent bidding.