New Delhi, Nov. 24 -- The IPO of Sudeep Pharma has continued to attract healthy interest from investors on its second day of bidding. Opened for subscription on Friday, November 21, the IPO was fully subscribed on its first day, with notable participation from both retail and non-institutional investors.

Strong demand from the NII segment pushed the overall subscription rate to over 5 times by the end of Day 2. Sudeep Pharma's IPO received bids for 5.40 crore shares against 1.05 crore shares on offer, resulting in a subscription rate of 5.12 times, as per the exchange data.

The qualified institutional buyer (QIB) quota was subscribed at 9%, the non-institutional investor (NII) portion was subscribed 12 times, and the retail investor por...