Prudent Corporate IPO subscribed 57% on Day 2 - Economic Times

The bidding was majorly driven by retail bidders, whose portion was subscribed 81 per cent. Employee quota was subscribed 40 per cent, whereas HNI quota received only three per cent bids so far. The institutional quota did not see any bids yet.

New Delhi: The Rs 538.61 crore initial public offering (IPO) of Prudent Corporate Advisory Services received a muted response from investors as the issue received 57 per cent bids so far on the secon… [+2126 chars]

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