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Chalet Hotels IPO subscribed 28% on second day of bidding

Updated : January 31, 2019 06:23 AM IST

The IPO, to raise about Rs 1,641 crore, received bids for 1,16,68,957 shares against the total issue size of 4,13,26,672 shares, according to data available with the National Stock Exchange (NSE).
The category for qualified institutional buyers (QIBs) was subscribed 63 percent, non-institutional investors 47 percent and retail individual investors 1 percent.
Chalet Hotels IPO subscribed 28% on second day of bidding

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