India, July 25 -- Workspace solutions provider IndiQube's public issue witnessed strong demand from retail individual investors (RIIs) and non-institutional investors (NIIs) on the final day of bidding, pushing the overall subscription to 4.2X as of 12:40 PM.

As per BSE data, the IPO received cumulative bids for 6.9 Cr shares against 1.71 Cr shares on offer. The RII portion saw exceptional demand on Day 3, getting oversubscribed 9.8X, with 3 Cr bids against 31 Lakh shares reserved.

The employees' segment followed closely behind, recording an oversubscription of 5.6X with 4.1 Lakh bids against 73,891 shares allocated.

The NII portion was subscribed 3.9X, receiving 1.85 Cr bids against 46.5 Lakh shares on offer.Close behind were qualifie...