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