IPO tracker: Sai Silks issue subscribed 81% so far on Day 3; Signature Global's booked 3.45x
The initial public offer (IPO) of Signature Global, which was fully subscribed on the second day, picked up pace on the last day of the bidding process. Overall, the issue was subscribed 3.19x so far on Day 3, led by strong NII (6.2x) and retail (4.35x) interest. The category reserved for qualified institutional buyers was booked 1.38 times.
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