India, Dec. 9 -- Update | December 9, 18:40 IST

Wakefit's IPO was subscribed 39% at the end of the second day of bidding. The issue received bids for 1.4 Cr shares against 3.6 Cr shares on offer.

The day closed with retail investors placing bids for 1.2 Cr shares against 66.1 Cr shares reserved for them. The portion reserved for them was oversubscribed 1.77X.

NIIs bid for 24.4 Lakh shares against 99.1 Lakh shares on offer, translating to 24.6%.

Meanwhile, QIBs continued to show the least interest in the public offering, bidding for 12,616 shares against 1.98 Cr shares allotted.

Original | December 9, 13:43 IST

D2C mattress and furniture company Wakefit's IPO was subscribed 27.4% till 12:38 IST on the second day of bidding. The issue...