Suraksha Diagnostic's IPO has received bids for 25.24 lakh shares out of the 1.34 crore shares available, resulting in a subscription rate of 19% on the second day of bidding.
Retail investors have been the primary drivers of this subscription rate. The Retail Individual Investors (RIIs) segment has shown a stronger interest with a subscription rate of 34%, while the non-institutional investors category has seen an 8% subscription.
On the first day, the IPO had a subscription rate of 11% and no bids were received from Qualified Institutional Buyers (QIBs).