India: PNB Housing Finance IPO subscribed 57.7% on Day 2

India: PNB Housing Finance IPO subscribed 57.7% on Day 2

Visual from PNB Housing wesbite

The initial public offering (IPO) of mortgage lender PNB Housing Finance Ltd was subscribed 57.7% at the end of Day 2 on Wednesday, receiving bids for 16.13 million equity shares against an issue size of 28.07 million shares, data available with the stock exchanges showed.

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