[Update] Groww IPO: Issue Oversubscribed 1.64X On Day 2

by · Inc42

SUMMARY

  • Retail individual investors (RIIs) remained the most enthusiastic on the public offering, oversubscribing their quota by 5.02X
  • Following retail investors, non-institutional investors (NII) segment oversubscribed their quota by 2.26X
  • Within this category, NIIs bidding for shares worth in a range of INR 2- 10 Lakh oversubscribed their quota by 3.17X