Unicommerce eSolutions IPO subscribed 5 times so far on Day 2 of bidding process. Check GMP and other details

By midday, the Unicommerce eSolutions IPO was highly sought after. Retail investors showed the strongest interest, oversubscribing their portion by 19.13 times. Non-institutional investors also showed significant demand, oversubscribing 5.42 times their allocation. However, qualified institutional buyers had only subscribed to a small fraction of their reserved shares. The grey market premium stands at Rs 25, indicating a 23% premium in the unlisted market.