India, Jan. 14 -- Media SaaS major Amagi's IPO saw a marginal improvement in investor interest on the second day of bidding, with the issue subscribed 10% as of 13:51 IST. It received bids for 27.21 Lakh shares against 2.72 Cr shares on offer.

Retail individual investors (RIIs) continued to drive the demand, placing bids for 21.95 Lakh shares against 50.73 Lakh shares reserved for them. This translated to a 43% subscription of their quota.

Trailing retail investors were non-institutional investors (NIIs), who placed bids for 5.22 Lakh shares against 76.10 Lakh shares earmarked, translating to a 7% subscription. Within the NII category, demand was largely led by individual investors, especially in the INR 2-10 Lakh bid segment.

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