The issue was subscribed by an overwhelming 340 times at close, where the non-institutional investors category was booked 620 times. The retail investors played second fiddle with 314 times subscription in the category reserved for them.
Midcap, smallcap valuations still overpriced despite recent correction: Shibani Sircar Kurian
The private sector banks, particularly large-cap ones, appear to have valuations that accommodate current headwinds. Large-caps offer attractive investment opportunities compared to mid-caps and small-caps,