The portion reserved for retail investors was subscribed 99 per cent while the quota for institutional buyers received 29 per cent bids. The non-institutional investors' quota was subscribed 2 per cent so far, data on BSE suggested.
source https://economictimes.indiatimes.com/industry/banking/finance/paytm-ipo-live-update-issue-subscribed-34-so-far-on-day-2/articleshow/87601486.cms
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