India, June 19 -- Update | June 19, 07:30 PM

B2B ecommerce company ArisInfra Solutions' IPO witnessed an overwhelming response on the second day of bidding today, with the issue getting oversubscribed 1.32X by the end of the day.

According to the BSE data, the IPO received cumulative bids for 1.73 Cr shares against the total offering of 1.3 Cr shares.

Retail investors showed the maximum interest in the public issue, with the portion reserved for them getting oversubscribed 3X. They placed bids for 71.30 Lakh shares as against 23.79 Lakh shares on offer.

The portion reserved for non-institutional investors (NIIs) was oversubscribed 1.39X, getting bids for 49.46 Lakh shares as against 35.68 Lakh shares reserved for them.

Qualified inst...