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Infibeam IPO subscribed 21% on first day

Monday, March 21, 2016 | More »

The initial public offering of Infibeam Incorporation Ltd, the parent of horizontal e-commerce platform Infibeam and e-commerce enabler BuildaBazaar, was covered just 21 per cent at the end of day one on Monday, stock-exchange data show. Qualified institutional buyers (QIBs) bid for around 22 per ce...