Retail portion of Awfis IPO fully subscribed within hours of opening

IPO, which includes a fresh share sale of Rs 128 crore and an offer-for-sale of up to 12.2 million shares, closes on May 24. Around 75% of the IPO is reserved for qualified institutional bidders (QIBs), 15% for non-institutional investors, and the remaining 10% for retail investors. The company’s shares will list on the stock exchanges on May 30.