RBZ Jewellers IPO witnesses strong demand from retail and non-institutional investors during the second day of bidding. The IPO garnered bids for 5,63,65,650 shares on the second day against the total offering of 79,00,000 shares, resulting in an overall subscription rate of 7.13 times.
RBZ Jewellers IPO receives decent response from retail investors on the first day of bidding. The IPO received bids for 1,80,43,350 shares against the 79,00,000 shares available for subscription, resulting in a subscription rate of 2.28 times, as per BSE data.