The initial public offer of Yatra Online was subscribed just 22% so far on the second day of the bidding process. Meanwhile, SAMHI Hotels IPO was subscribed 1.6 times and Zaggle Prepaid public issue garnered nearly 3 times bids, thus sailing through on Day 3.
Yatra Online IPO: Retail investors were only among the participants at the forefront in terms of bidding, buying 1.16 times the portion set aside for them which is 10 percent of the total offer
Primary Market Buzzing: The 10 IPOs add to the 6 public issues still open for bids since last week, while five stocks are lined up for listing on bourses next week
Three IPOs — SAMHI Hotels, Zaggle Prepaid, and Yatra Online — which are currently open for public subscription and will carry over to the next week. The week will also see listings of EMS Ltd and Jupiter Life Line Hospitals.