Bansal Wire IPO booked nearly 19x so far on last day. Check GMP and other details

The response for the initial public offer (IPO) of Bansal Wire picked up pace on Day 3, the last day of bidding, driven by strong interest from QIB and non-institutional investors.

The overall subscription stood at 18.78x so far. The categories reserved for NII and QIB investors were subscribed 34 times and 21 times, respectively. Meanwhile, the retail portion of the issue was subscribed the least at 10.54 times.