Avenue Supermarts IPO Oversubscribed 5.71 Times On Day 2

New Delhi: The initial public offer of Avenue Supermarts, the operator of retail chain D-Mart, to raise Rs 1,870 crore was oversubscribed 5.71 times on the second day of the offer today. The IPO, the biggest since PNB Housing Finance's Rs 3,000 crore offer in October last year, receivedbids for 25.31 crore shares against the total issue size of 4.43 crore shares, data available with the NSE till 1700 hrs showed. The portion set asi...