The initial public offer of auto component maker Sandhar Technologies was subscribed 40 per cent on the second day of bidding today.
The IPO to raise Rs 512 crore received bids for 43,80,165 shares against the total issue size of 1,08,72,661 shares, data available with the NSE showed.
Qualified institutional buyers (QIBs) portions was subscribed 89 per cent, non institutional investors