Logistics and supply chain management solutions company Jayesh Logistics' initial share sale continued to garner healthy interest from investors even on the second day of bidding, October 28.

The Rs 28.63-crore initial public offering (IPO), which consists of entirely fresh issue of 23.47 lakh shares, was subscribed 7.74 times during October 27-28 with investors bidding 1.38 crore equity shares against the offer size of 17.91 lakh shares via 3,529 applications.

Retail and non-institutional investors continued bidding for the offer on day 2, but there were no bids from qualified institutional buyers on the second day as their subscription was unchanged at 5.02 times their allotted quota on Tuesday.

Non-institutional investors picked 16.39 times and retail 7.14 times their reserved portio

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