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FinTech

Issue Oversubscribed 3.5X On Day 3 So Far


SUMMARY

Retail institutional investors’ quota was oversubscribed 7X, getting bids for 47 Cr shares against 6.63 Cr shares reserved for them

The portion reserved for non-institutional investors was oversubscribed 5.65X, getting bids for 56 Cr shares against 9.94 Cr shares on offer

Groww’s public issue will close today and the company’s shares are expected to list on the exchanges on November 12

Fintech company Groww’s IPO continued to see strong investor interest on the final day of bidding and was oversubscribed…



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