New Delhi, Sept. 19 -- Saatvik Green Energy's initial public offer (IPO), which opened for biding on Friday, September 19, witnessed a slow demand for its share sale. Barring the employee portion, no other category managed to be fully subscribed by the end of the first day of the bidding process.

The issue closes for bidding on Tuesday, September 23, giving investors two more days to place their bids.

Ahead of the share sale, Saatvik Green Energy on Thursday said it has mobilised over Rs.269 crore from anchor investors.

According to BSE data, Saatvik Green Energy IPO received bids for 84,11,136 shares as against 1,42,71,970 shares on offer, resulting in a subscription status of 0.59 times.

The retail portion of the IPO was booked 0.88...