Of the last 10 IPOs, eight saw limited to little participation from high-net-worth individuals (HNIs). While the HNI portions were undersubscribed for Swiggy, Hyundai India, Niva Bupa Health and Godavari Biorefineries, another four barely managed single-digit subscriptions. This is a stark contrast to an average of 116 times HNI subscriptions in the preceding 10 IPOs.
Helloji Holidays shares to list today. Check GMP ahead of debut
Helloji Holidays is set to list on the BSE SME platform on December 9. The company’s IPO saw strong demand, closing 30.16 times subscribed. Despite