@Liger Yes, you are correct. Pricing is high. I told in my earlier post. When there is very good choices, investors try to upgrade their category and avoid such IPO.
@PLAZA Interaction with you after long. Yes, investors have no problem of funds. Just see the subscription figures of SME, Rockingdeals. Subscribed over 161 times by retailers. Issue size of 21 cr. Not that small. Nobody in this forum is talking about Rocking of Rockingdeals.
If there were no such good issues with Fedbank, it would have got good subscription figures, irrespective of pricing.
Good luck to both.