India, Oct. 7 -- WeWork India's IPO continued seeing subdued interest on the third day of bidding, and was subscribed 39% at 12:45 today as against 13% subscription on Day 2. The issue received bids for 99.4 Lakh shares against 2.54 Cr shares on offer.
The employees' quota was the only segment to see an oversubscription at 1.6X, receiving bids for 97,497 shares against 59,523 shares on offer.
The retail investors' portion saw 49% subscription, getting bids for 22 Lakh shares against 46.23 Lakh shares on offer.
While qualified institutional buyers' (QIBs) portion was subscribed 50%, non-institutional investors (NIIs) continued lukewarm response with 9% subscription. The QIBs placed bids for 69 Lakh shares against 1.38 shares on offer, w...
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