Cello World IPO sails through on Day 2 on NII push; Mamaearth issue subscribed 13% on first day
After a steady response on Day 1, the IPO of stationery maker Cello World sailed through on the second day of bidding process. The issue was overall subscribed 1.07 times. The NII part was booked the most at 2.96 times, followed by the retail category at 0.89 times and QIB at just 0.03 times
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