Kalpataru IPO subscribed 30% on Day 2: GMP signals modest premium

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Kalpataru IPO subscribed 30% overall by Day 2, showing weak demand.
Retail portion led with 61% subscription; NIIs at 37%.
QIB interest remained low at 17%; employee quota at 31%.
IPO size is Rs 1,590 crore; bidding closes on June 26.

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