The Leela Hotels IPO: Issue fully subscribed on final day

The Leela IPO Subscription Details: Hotel Leela’s initial public offering (IPO) was fully subscribed on the third and final day of bidding, Wednesday, May 28. According to data from the National Stock Exchange (NSE), the IPO received bids for 6,30,53,782 shares, surpassing the 4,66,10,169 shares on offer.

Category-wise subscription status

At the last count (13:26 pm), The Retail Individual Investors (RIIs) segment saw a response of 22 per cent of the allocated portion subscribed, according to the NSE data.

The Non-Institutional Investors (NIIs) category recorded a 17 per cent subscription.

In contrast, the Qualified Institutional Buyers (QIBs) showed strong interest, subscribing 2.31 times their allotted quota.