Summary
The WTI Cabs IPO was in huge demand as the QIBs segment was subscribed 106.69 times while NIIs portion received bidding for 375.56 times the quota reserved for them. The retail portion of the public issue was subscribed 108.76 times.
Wise Travel India Limited’s (WTI cabs) initial public offer (IPO) was subscribed 163.46 times on the third and final day of bidding on Wednesday, February 14.
Investors submitted bids for 69,12,06,000 shares compared to 46,56,000 shares on offer. Those who have participated in the bidding for the WTI Cabs IPO can check the allotment status online through the official website of the registrar.
The Wise Travel India Limited’s public issue has received an overwhelming response across segments. While the portion reserved for qualified institutional buyers (QIBs) was subscribed 106.69 times, non-institutional buyers bid 375.56 times the quota reserved for them. The retail portion of the public issue was subscribed 108.76 times.
The Wise Travel India…
