The Lalithaa Jewellery Mart IPO entered its second day of bidding on Tuesday, August 18, with the issue already attracting healthy investor interest. The Rs 1,700-crore IPO was subscribed 69% on the opening day, while its grey-market premium stood at around 15%, signalling strong demand ahead of the final day of bidding.
Retail investors led the early response, with their portion subscribed 74% on Day 1. Investors bid for a significant portion of the 6.27 crore shares on offer, including the 3.12 crore shares reserved for retail investors.
