India, Dec. 4 -- Contract manufacturing company Aequs' IPO continued to witness strong investor interest on the second day of bidding and was oversubscribed 7.47X as of 12:54 IST today. The issue received bids for 31.38 Cr shares against 4.20 Cr shares available for subscription.

Retail investors' quota was oversubscribed 23.46X, getting bids for 18.04 Cr shares against 76.92 Lakh earmarked for them.

Non-institutional investors (NIIs) placed bids for 11.59 Cr shares against 1.15 Cr shares reserved, translating to 10.05X subscription. The company's employees placed bids for 21.25 Lakh shares, oversubscribing their portion by 11.4X.

Meanwhile, qualified institutional buyers (QIBs) showed the least interest in Aequs' public float on the s...