Udayshivakumar Infra IPO subscribed 3.9 times so far on Day 3; GMP falls

While NII part was subscribed 6.16 times, the retail investors' category was subscribed 3.33 times. Qualified institutional buyers' (QIBs) portion, meanwhile, was subscribed 1.19 times.About 60% of the offer is reserved for retail investors, while 30% is set aside for non-institutional investors. 10% of the issue is reserved for QIBs

Udayshivakumar Infra IPO subscribed 3.9 times so far on Day 3; GMP falls
While NII part was subscribed 6.16 times, the retail investors' category was subscribed 3.33 times. Qualified institutional buyers' (QIBs) portion, meanwhile, was subscribed 1.19 times.About 60% of the offer is reserved for retail investors, while 30% is set aside for non-institutional investors. 10% of the issue is reserved for QIBs