My Mudra Fincorp IPO booked 5.7 times on Day 01; retail, NII portion oversubscribed

My Mudra Fincorp IPO booked 5.7 times on Day 01; retail, NII portion oversubscribed

The initial public offering (IPO) of My Mudra Fincorp, which opened today, received a healthy response from investors, with the IPO being subscribed 5.77 times. Retail investors showed particularly high interest, as their portion was subscribed to 5.95 times. The non-institutional investor (NII) portion and QIB was also well-received, with a subscription rates of 3.58 … Read more