India, June 18 -- Update | June 18, 07:43 PM

ArisInfra Solutions' IPO ended the first day of bidding with an overall subscription of 24%, with retail investors leading the pack.

The portion reserved for retail investors was oversubscribed 1.04X, receiving bids for 24.7 Lakh shares as against 23.7 Lakh shares on offer.

NIIs bid for 6.9 Lakh shares as against the 35.68 Lakh shares reserved for them, resulting in 19% subscription. However, QIBs bid for a mere 10,988 shares as against 71.37 Lakh shares on offer.

Original | July 18, 3:37 PM

The IPO of B2B ecommerce company ArisInfra Solutions received a lukewarm response on the first day of bidding and was subscribed 18% till 3 PM on the first day of bidding.

According to BSE data, the I...