At the end of the final day, the IPO was oversubscribed 12.22X, with investors cumulatively bidding for 60.64 Cr shares versus 4.96 Cr shares on offer.
QIB bid for 52.19 Cr shares against the 2.70 Cr shares on offer, translating to an oversubscription of 19.30X
Retail investors’ quota was subscribed 2.31X. The investors bid for 2.08 Cr shares as against the 90.12 Lakh shares reserved for them
Kids-focussed omnichannel brand FirstCry received decent response on the final day of its IPO as qualified institutional buyers (QIBs) formed a beeline for the issue.
At the end of the final day, the IPO was oversubscribed 12.22X, with investors cumulatively bidding for 60.64 Cr shares versus 4.96 Cr shares on offer.