New Delhi, Oct. 8 -- Tata Capital IPO, which was seeing a slow demand during the first two days, managed to sail through on the third and final day of bidding on Wednesday, October 8, despite a declining grey market premium (GMP).

Rs.15,512-crore Tata Capital IPO received bids for 65,11,26,136 shares as against 33,34,36,996 shares on offer, translating into a 1.95 times subscription, according to BSE data.

Among investor categories, the qualified institutional buyers (QIBs) quota was subscribed the most at 3.42 times. Meanwhile, while the portion reserved for non-institutional investors (NIIs) received 1.98 times subscription. The retail investor category was booked 1.10 times, and the employee segment received 2.92 times bids.

The hea...