RITES IPO oversubscribed 2.11 times on Day 2

RITES IPO: The category set aside for qualified institutional buyers (QIBs) was subscribed 32 per cent, non institutional investors 49 per cent and retail investors 5.59 times. Till yesterday, the IPO was subscribed 60 per cent.

RITES IPO oversubscribed 2.11 times on Day 2
RITES IPO will close later today. Image source: Reuters

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