India, Dec. 4 -- Updated | December 04, 18:35 IST

Aequs' IPO closed the second day of bidding with an oversubscription of 11.10X, with investors placing bids for 46.66 Cr shares against 4.2 Cr shares on offer.

Retail investors showed the highest interest, placing bids for 25.32 Cr shares against 76.91 Lakh shares reserved for them. The portion reserved for them was oversubscribed 32.92X.

The non-institutional investors' portion was oversubscribed 16.82X, getting bids for 19.40 Cr shares against 1.15 Cr shares on offer. Investors who placed bids for over INR 10 Lakh applied for 10.48 Cr shares, while those placing bids for INR 2 Lakh to INR 10 Lakh applied for 8.91 Cr shares.

Qualified institutional buyers bid for 1.65 Cr shares as aga...