Niva Bupa IPO allotment today: Check status, GMP, likely listing price

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Niva Bupa IPO allotment today: Check status, GMP, likely listing price - Business Standard

Quick Summary:

Retail Individual Investors (RIIs) were the lead bidders, with a subscription of 2.73 times, followed by Qualified Institutional Buyers (QIBs) at 2.06 times and Non-Institutional Investors (NIIs) at 0.68 times by the final day of subscription.

It received bids for 31,13,73,200 shares against 17,28,57,143 shares offered, resulting in an oversubscription of 1.80 times by the last date of subscription, according to NSE data.

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