Retail Individual Investors (RIIs) have subscribed to 46% of the 30.60 lakh shares allocated to them. This shows a cautious but noticeable interest from small investors, reflecting a measured level of confidence in the offering.
In contrast, the Non-Institutional Investor (NII) segment — comprising high-net-worth individuals and corporate investors — has seen only 4% subscription of the 45.90 lakh shares reserved for them. This points to a slow pickup in demand from larger investors at this stage.
Meanwhile, the Qualified Institutional Buyers (QIB) category, which includes mutual funds, insurance companies, and other institutional players, has subscribed to 57% of the 88.62 lakh shares allotted to them, indicating relatively stronger interest from institutional investors.
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