India, Nov. 7 -- Fintech company Groww's IPO continued to see strong investor interest on the final day of bidding and was oversubscribed 3.52X as of 12:30 IST today, receiving cumulative bids for 128.5 Cr shares against 36.48 Cr shares on offer.
Retail institutional investors (RIIs) continued to show the most interest in the public issue. Their quota was oversubscribed 7X, getting bids for 47 Cr shares against 6.63 Cr shares reserved for them.
The portion reserved for non-institutional investors (NIIs) was oversubscribed 5.65X. They placed bids for 56 Cr shares against 9.94 Cr shares on offer.
Within the NII category, investors bidding for more than INR 10 Lakh led the participation, with their portion oversubscribed 5.7X. The quota r...
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