 "Angel Broking's IPO opened on Tuesday, September 22 | Illustration: Ajay Mohanty")
The Rs 600-crore initial public offering of Angel Broking was subscribed nearly 2 times on the National Stock Exchange (NSE) and BSE on Wednesday, the last day for bidding.
Till 12:30 pm, the issue was subscribed 1.77 times on the exchanges, data show. The IPO has received bids for 2.43 crore equity shares against an offer size of 1.37 crore equity shares, the data available on exchanges showed.
The offer received bumper response from retail investors who have subscribed the issue 3.4 times so far on Day 3 of the issue. However, the IPO failed to get any subscription from
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