Mach Conference and Events’ IPO generates strong demand from retail investors, issue subscribed over 196 times on final day

The IPO of Mach Conferences and Events was subscribed 196.70 times. Notably, retail investors demonstrated strong enthusiasm, with a subscription ratio of 136.49 times.

The issue being oversubscribed 196.78 times, received bids for over 72.6 crore shares against 36.9 lakh shares offered for subscription.