Macrotech Developers IPO witness 29% subscription on Day 2
Thu, Apr 8, 2021 12:53 PM

Macrotech Developers IPO witness 29% subscription on Day 2

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The Macrotech Developers IPO has seen a subscription of 29%, with investors bidding for 1.03 crore equity shares against the IPO size of 3.64 crore equity shares by noon on April 8, the second day of bidding. Retail investors who have been enthusiastic participants in initial public offerings have been slow to respond to Macrotech, an indication that they are cautious about investing.

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