Three mainboard IPOs- PhysicsWallah, Emmvee Photovoltaic Power and Tenneco Clean Air India- are open for investors for primary market investment, cumulatively raising a total of Rs 9,980 crore, attracting a mixed response from the investors. All the three issues, with different opening and closing dates, are commanding a muted premium in the grey market.

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PhysicsWallah IPO: Day 2 bidding status and GMP

The IPO of PhysicsWallah was overall subscribed only 11 per cent as of 2.30 pm. The portion for retail bidders was booked 53 per cent, while the allocation for non-institutional bidders was subscribed only 4 per cent. Employee portion was booked over 1.64 times. However, qualified institutional bidders quota was yet to see any bids as of this time.

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