Full faith is a matter of confidence or over confidence , only time will tell.
It seems all domestic fund houses were forced to apply with full force to make this FPO successful.
0.9x subscription of QIB will sail through this FPO no matter how much nii & rii remain under subscribed.
Buy from the open market at market price and sell to those who are still buying in grey who always think retailors are foolish andhbhakts.
🙏👍