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An initial public offer's (IPO) bid details or demand graph as the name suggests help investors understand the total bids received for a new public offer and demand from different quotas of investors -- Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs) and Retail Individual Investors (RIIs)
According to Ajit Mishra, VP - Research at Religare Broking, the subscription ratio gives an idea about what investors think about an IPO and one can look at it before subscribing to the issue.
The recently concluded IPO by Shyam Metalics and Energy garnered 121 times subscription on Wednesday, the final day of
The recently concluded IPO by Shyam Metalics and Energy garnered 121 times subscription on Wednesday, the final day of
