Baazar Style Retail IPO subscribed nearly 8 times on Day 3; GMP declines to 16% – ET Retail
Representative Image The initial public offering (IPO) of Baazar Style Retail was subscribed 7.6 times on Day 3 of the bidding process after sailing through on the second day, driven by strong demand from Non-institutional investors. Around noon, the quota reserved for retail individual investors (RIIs) was subscribed 5.5 times. The issue was subscribed 22…