India, July 11 -- Update | July 11, 7:52 PM

Coworking major Smartworks' IPO saw a warm response from investors on the second day and was fully subscribed. The issue was oversubscribed 1.15X at the end of the day.

According to the BSE data, the public issue received cumulative bids for 1.20 Cr shares against the total offering of 1.04 Cr shares.

Non-institutional investors (NIIs) showed the maximum interest, with the portion reserved for them seeing 1.79X subscription. NIIs placed bids for 39.75 Lakh shares as against 22.17 Lakh shares on offer.

Retail investors' portion was subscribed 118%, receiving bids for 60.82 Lakh shares against 51.73 Lakh shares on offer. The company's employees bid for 1.08 Lakh shares against 1.07 Lakh offere...