RR Kabel subscribed 19x; Lukewarm response for Samhi Lodges & extra

RR Kabel subscribed 19x on closing day of bidding

 

RR Kabel’s preliminary public providing (IPO) garnered almost 19 occasions subscription. Retail portion of the problem was subscribed 2 occasions, excessive networth people portion subscribed 13 occasions, and institutional investor portion neary 52 occasions. The TPG-backed firm had set the value band for its IPO at Rs983 to Rs1,035 per share.

Lukewarm response for Samhi Lodges on Day 2 

 

Samhi Lodges’ preliminary public providing (IPO) received subscribed 12 per cent on the second day of subscription. The Rs1,370 crore share sale obtained bids for 7,789,502 shares as towards 62,529,831 shares on supply, as per knowledge obtainable with the NSE. The portion for retail particular person traders obtained 58 per cent subscription whereas non-institutional traders received subscribed 7 per cent.

Zaggle Pay as you go receives 43% subscription on Day 2

 

Fintech participant Zaggle Pay as you go Ocean Providers’ preliminary public providing (IPO) obtained 43 per cent subscription on the second day of bidding. The IPO received bids for 8,296,560 shares towards 19,326,761 shares on supply. The portion for retail particular person traders (RIIs) received subscribed 1.90 occasions whereas non-institutional traders received subscribed 29 per cent.

Traders present little curiosity in Yatra On-line 

 

The preliminary public providing (IPO) of Yatra On-line was subscribed 11 per cent on the primary day of bidding on Friday. The Rs775 crore IPO obtained bids for 3,363,675 shares towards 30,942,356 shares on supply, in keeping with NSE knowledge. The class for retail particular person traders obtained 55 per cent subscription whereas non-institutional traders received subscribed 3 per cent.