Even amid bearish market sentiment, IPO traders haven’t slowed down their operations, persevering with to closely subscribe to Tatva Chintan Pharma’s IPO. In the present day is the ultimate day to bid for the difficulty that has been subscribed 15.05 occasions up to now with all pockets of traders oversubscribing their portion of the difficulty. Retail traders have bid for the IPO 23 occasions, whereas Non-Institutional Buyers (NII) have subscribed their portion of the IPO 12 occasions and QIBs have bid for 1.97 occasions the difficulty. Tatva Chintan Pharma’s IPO opened for subscription final Friday and was oversubscribed inside two hours.
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