India, Nov. 17 -- Update | November 17, 18:33 IST

Capillary Technologies' IPO saw tepid response on the second day of bidding and was subscribed 52%. The public issue received bids for 43.36 Lakh shares against 83.83 Lakh shares on offer.

Retail investors bid for 15.99 Lakh shares against 15.17 Lakh shares reserved for them. This translated to 1.05X oversubscription. Non-institutional investors placed bids for 12.71 Lakh shares against 22.76 Lakh shares earmarked for them, translating to 56% subscription.

The portion reserved for qualified institutional buyers was subscribed 31%, getting bids for 13.92 Lakh shares against 45.52 Lakh shares on offer.

Capillary Technologies' employees bid for 73,525 shares against 38,095 shares reserved...