Mobikwik subscribed 7x on Day 1; Vishal, SaiLife get tepid responses
The initial public offering (IPO) of One MobiKwik Systems was subscribed 7.3 times on Wednesday, on the first day of offer. Institutional investors subscribed to the issue by 2 per cent, high net worth individuals (HNI) by 9 times, and retail investors by 26.7 times.
Meanwhile, the IPOs of Sai Life Sciences and Vishal Megamart were subscribed 0.84 and 0.5 times, respectively. All three issues will conclude on Friday.
