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Lalithaa Jewellery IPO reaches 3.07x subscription on Day 2

Lalithaa Jewellery Mart’s IPO was subscribed 3.07 times on Day 2, up from 0.69 times on Day 1. Non-institutional investors led at 6.46 times, while retail subscribed 2.78 times and QIBs 1.02 times.

Newer report , , Hindustan Times : Lalithaa Jewellery Mart closes 24% above IPO price in market debut

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Reported figures

From the report. Source details below

Bids received: 19,26,08,310 shares
Shares on offer: 6,27,61,403
High-value NII subscription: 6.66x
₹2 lakh–₹10 lakh NII subscription: 6.07x
Employee portion subscription: 3.09x

Other figures

  • IPO closes August 19

The source

Source Read the source at The Hindu BusinessLine

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