Juniper Hotels IPO: Day 2 – 13% subscribed overall, 63% retail portion booked
Juniper Hotels IPO: As of February 22, the second day of bidding, investors’ response to Juniper Hotels’ public offering has been muted, with only 13% of investors subscribing. High net-worth people purchased 0.07 times the allotment, while retail investors bid 63%. The company intends to issue an additional 5 crore shares to raise Rs 1,800…