Infibeam IPO Fully Subscribed, Institutional Demand Thin

Mumbai: Indian online retailer Infibeam Incorporation's dollar 80 million initial public offering (IPO) attracted thin demand from institutional investors, just selling the total number of shares on offer in the country's first e-commerce listing. The company, which makes money through its e-commerce portal and also license technology for bricks-and-mortar chains to set up their own sales websites, received orders for about 13.8 mil...