Start-up IPO Tranway Technologies subscribed 56% on Day 2 so far

NEW DELHI: The initial public offer (IPO) by IT consulting services firm Tranway Technologies has seen 56 per cent subscription so far on Day 2 of the bidding process.

The issue received bids for 23,80,000 shares by 10.30 am on Tuesday, which was 56.13 per cent of the total issue size of 42,40,000 shares, data available with BSE suggested.

The issue will close on Wednesday.