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[Update] Moneyview IPO Subscribed 6.01X At End Of Day 2

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[Update] Moneyview IPO Subscribed 6.01X At End Of Day 2

Moneyview’s IPO was subscribed 6.01X at the end of the second day of bidding, with investors placing bids for 139.8 Cr shares against 23.25 Cr shares on offer.

Non-institutional investors (NIIs) led demand, subscribing to their allotted quota 15.41X with bids for 77.41 Cr shares against 5.02 Cr shares on offer.

Within the NII category, the portion for bids exceeding ₹10 Lakh was subscribed 14.33X, while the segment for bids above ₹2 Lakh and up to ₹10 Lakh was subscribed 17.57X.

The retail portion was subscribed 5.18X, receiving bids for 60.74 Cr shares against 11.72 Cr shares on offer.

Meanwhile, qualified institutional buyers (QIBs) subscribed to 0.25X of their allotted quota, placing bids for 1.66 Cr shares against 6.51 Cr shares on offer.

Digital lender Moneyview’s ₹1,092 Cr IPO was subscribed 3.55X by 13:15 IST on the second day of bidding. The public issue received bids for 82.65 Cr shares against 23.25 Cr shares on offer, according to BSE data.

Non-institutional investors (NIIs) led the demand, placing bids for 39.01 Cr shares against the 5.02 Cr shares reserved for them, translating into a subscription of 7.77X.  

Within the category, the portion reserved for investors bidding between ₹2 Lakh and ₹10 Lakh was subscribed 10.08X. Meanwhile, the portion for bids exceeding ₹10 Lakh was subscribed 6.61X.

Retail investors subscribed to their quota 3.67X, placing bids for 43.02 Cr shares against the 11.72 Cr shares reserved for them.

09X.



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