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Aequs IPO gets subscribed 11.10 times on 2nd day

Aequs IPO gets subscribed 11.10 times on 2nd day

The portion meant for qualified institutional buyers QIBs received 73 per cent subscription.The initial share sale of Aequs Ltd sailed through within hours of the start of the bidding process on Wednesday and finally ended the day with 3.42 times subscription.On Tuesday, Aequs said it has garnered Rs 414 crore from anchor investors.The initial share sale will conclude on Friday.

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