Avalon Technologies subscribed 2.21 times on last day; GMP rises

This surge in demand from QIBs helped boost the overall subscription rate and provided a much-needed boost to the IPO, which had seen a lackluster response in the preceding days. At the end of Day 2, the issue was subscribed just 9%.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.