OnEMI Technology Solutions IPO Day 3: GMP slips under 1%; overall subscription at 60%. Key details

The Rs 926 crore IPO of OnEMI Technology Solutions was over subscribed at 9.50 times over a three-day bidding period that ended today. The issue received more than 37.76 crore share bids versus a total of 3.97 crore shares on offer. Qualified Institutional Buyers (QIBs) led the pack with their quota subscribed 24.87 times. The Non Institutional Investors (NIIs) portion was booked 6.57 times while the Retail Individual Investors (RIIs) quota was booked 2.03 times.