Manba Finance IPO subscribed 73.18 times on Day 2 amid heavy demand – Business Standard
Manba Finance’s initial public offering (IPO) has been met with overwhelming demand, with the subscription rate reaching a staggering 73.18 times on the second day of the IPO. This indicates a strong interest from investors in the company’s shares.
The heavy demand for Manba Finance’s IPO comes as no surprise, given the company’s strong financial performance and growth prospects. Investors are clearly optimistic about the company’s future potential and are eager to get a piece of the action.
The subscription rate of 73.18 times on the second day of the IPO is a clear indication of the confidence that investors have in Manba Finance. It shows that there is a high level of interest in the company’s shares and that investors are willing to pay a premium to get their hands on them.
Overall, the strong demand for Manba Finance’s IPO is a positive sign for the company and bodes well for its future growth and success in the market. Investors are clearly bullish on the company’s prospects, and this bodes well for its future performance on the stock exchange.