New Delhi, Oct. 30 -- The initial public offering (IPO) of Safecure Services continued to see a strong response for its book-built offer. The issue had sailed through on the first day (October 29) itself.

Investors can apply for the public offering till October 31.

Safecure Services IPO was subscribed 1.21 times as of 1.25 pm on the second day of the bidding process on Thursday, October 30. The IPO received bids for 34,40,400 shares as against 28,50,000 shares on offer.

The retail investor quota was subscribed 2.25 times and the non-institutional investor (NII) portion was booked 0.16 times.

Safecure Services IPO witnessed a sharp decline in the grey market premium (GMP) as the offer opened. Safecure Services IPO GMP today was nil. Th...