India, Jan. 13 -- Update | January 13, 18:16 IST

Amagi's IPO witnessed a muted investor interest on the first day of bidding amid mixed brokerage reports and volatility in the broader Indian equities market. The company's public issue got bids for 17.49 Lakh shares against 2.72 Cr shares on offer, translating to a 6% subscription at the end of the day.

Retail investors subscribed their quota the most, placing bids for 14.43 Lakh shares against 50.73 Lakh shares on offer. The portion reserved for them was subscribed 28%.

Trailing retail investors, non-institutional investors (NIIs) placed bids for 3.04 Lakh shares against 76.10 Lakh shares earmarked, translating to a 4% subscription. QIBs showed the least interest in the public issue, b...