The initial public offer (IPO) of Route Mobile subscribed 4.15 times on Thursday, the second day of offering data from stock exchanges show.
Route Mobile has set a price band of Rs 345-350 per share and the IPO closes on 11th September.
The portion of shares reserved for non institutional investors was subscribed 2.04 times, while shares reserved for retail investors was subscribed 6.71 times.
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