Ruchi Soya Industries’ FPO sees bid withdrawals in all four categories

The subsequent share sale of Ruchi Soya Industries (FPO) saw bids withdrawn in all four classes, according to the latest data provided by the exchanges.

Qualified Institutional Buyer (Bank) category has now been subscribed 1.6 times, down from 2.2 times yesterday. High-income individuals (HNI) were subscribed 9 times, down from nearly 12 the day before.

The retail division saw more than half of bids cancelled. This category is now subscribed at 40 percent versus 90 percent the day before. Meanwhile, the employee division has also seen subscription levels drop from nearly 8 times on Monday to less than 5 times today.

The above numbers are from BSE as of 11:26 AM INDCT.

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