Electronics Mart IPO 7.57 times subscribed on day 2, NII portion oversubscribed 11.74 times
The IPO of Hyderabad-based consumer durable retail chain, Electronics Mart, has received bids of 47,29,37,840 shares against the offered 6,25,00,000 equity shares and overall the issue was subscribed 7.57 times on the 2nd day of bidding.