The initial public offer (IPO) of Equitas Small Finance Bank Limited subscribed 0.67 times on Wednesday the second day of the offering data from stock exchanges show.
Equitas Small Finance Bank Limited has set a price band of Rs 32-33 per share and the IPO closes on 22nd October.
The portion of shares reserved for non institutional investors was subscribed 0.05 times, while shares reserved for retail investors was subscribed 1.42 times.
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