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BlackBuck IPO: Issue Subscribed 5% On Day 1 So Far

  • The IPO of logistics unicorn BlackBuck received a 5% subscription on the first day of bidding.
  • Retail investors subscribed 26% of the quota, while non-institutional investors subscribed only 1%.
  • The employee quota was oversubscribed by 1.87 times.
  • BlackBuck aims to raise INR 1,114.72 Cr through the IPO, which will conclude on November 18.

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