NSE IPO Day 3: GMP falls to ₹48; final day bidding begins

On Day 2, the NSE IPO was subscribed 1.26 times overall, with investors placing bids for 11.20 crore shares against 8.86 crore shares on offer. The qualified institutional buyers (QIBs) portion was subscribed 1.59 times, while the non-institutional investors (NIIs) category saw 1.89 times subscription. The retail portion was subscribed 81%.