Investor participation in the IPO of E TO E Transportation Infrastructure Limited remained steady in the closing hour of the final bidding day, with overall subscription edging up to 489.52 times as of 5:36 PM IST on December 30.
Total bids rose marginally to 169.49 crore shares, compared with the issue size of 34.62 lakh shares, indicating continued bid additions even after the market close window. Retail investors maintained their lead, bidding for 87.61 crore shares across 5.47 lakh applications, reflecting sustained individual participation till the very end.
Demand from Non-Institutional Investors also saw incremental movement, with bids reaching 60.16 crore shares, primarily led by high-value individual applications. Institutional interest remained unchanged at elevated levels, with QIB bids steady at 21.72 crore shares, backed by foreign investors, domestic financial institutions, and mutual funds.
Total bids rose marginally to 169.49 crore shares, compared with the issue size of 34.62 lakh shares, indicating continued bid additions even after the market close window. Retail investors maintained their lead, bidding for 87.61 crore shares across 5.47 lakh applications, reflecting sustained individual participation till the very end.
Demand from Non-Institutional Investors also saw incremental movement, with bids reaching 60.16 crore shares, primarily led by high-value individual applications. Institutional interest remained unchanged at elevated levels, with QIB bids steady at 21.72 crore shares, backed by foreign investors, domestic financial institutions, and mutual funds.