IPO Tracker: 4 out of 5 issues fully subscribed; Fedbank Financial lags
The IPO of IREDA was booked 3.41 times so far on the second day of the bidding process, led by strong interest from non-institutional investors, whose category was subscribed 5.73 times. IREDA shares are commanding a premium of Rs 10 in the unlisted market against an offer price of Rs 31.
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