Retail investors bid for 71.88 lakh shares through 2,396 applications on the second day of Indobell Insulation IPO, while NIIs made 106 applications for 7.47 lakh shares. However, qualified institutional buyers have yet to bid. The company plans to raise Rs 10 crore via its SME IPO, which will list on the BSE SME platform. The issue is set to close on January 9.
