Fino Payments Bank IPO: Retail Portion Fully Subscribed
In the first hour, retail investors have bid for 24,93,750 shares against the 20,75,031 shares allocated to them
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In the first hour, retail investors have bid for 24,93,750 shares against the 20,75,031 shares allocated to them
While it received a robust demand from retail investors, the institutional investors and QIBs are yet to place their bids.
Major global investor allocated shares under the anchor investor portion are Fidelity International, Invesco, Pinebridge Global Funds, HSBC.
The public issue saw an overwhelming response as it was subscribed 304 times with investors bidding for 217 crore shares against the 71.40 crore shares on offer. Here is all you need to know.
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