SBI Card IPO subscription at 58% on Day 2
The portion for retail investors is subscribed handsomely 93.19 per cent, while that of employees saw 82.25 per cent subscription, and SBI shareholders portion is fully subscribed. The reserved portion of qualified institutional investors has subscribed to 0.1 per cent, while that of non-institutional investors category saw subscription of 21.15 per cent.
SBI Cards IPO has been subscribed 58.46 per cent till post-lunch session on Day 2 of the bidding process on Tuesday, Photo: Reuters