Paramount Syntex IPO Draws Strong QIB Demand as Issue Reaches 1.35 Times on Day 2
Paramount Syntex’s Rs 82-crore initial public offering continued to attract institutional interest on the second day of bidding, with the issue subscribed 1.35 times on the BSE SME platform. The qualified institutional buyer portion led the response by being booked 119.29 times, even as retail and non-institutional demand remained modest ahead of the October 6 close.
