Prostar Info Systems IPO Fully Subscribed

  Published 1 year ago

Prostar Info Systems' IPO is experiencing strong demand, being fully subscribed on its second day. The ₹16 million share offering is 7.5x oversubscribed, driven by robust interest from non-institutional and retail investors, with a trading debut expected June 3rd.

  • IPO oversubscribed 7.5x as of midday.
  • NII portion subscribed at a high 14.7x.
  • QIBs typically bid on the final day.

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