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According to NSE data, the issue has received bids for 56 crore shares worth Rs 5,507 crore on the second day against just 50.96 lakh shares on offer.

Through the issue, the company plans to raise an amount aggregating up to Rs 400 crore, which is within the shelf limit of Rs 1,100 crore.

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The company has fixed a price band of Rs 695-735 per share and investors can bid for a minimum of 20 shares in one lot and in multiples thereafter

The RTM segment enables distribution utilities and industries with greater flexibility and efficient optimisation of portfolios by balancing their power demand-supply on a real-time basis.

"Gold rose on Monday, with spot gold in the Delhi markets trading at Rs 60,450/10 gram, up by Rs 100, taking positive cues from overseas markets," Saumil Gandhi, senior analyst of commodities at HDFC Securities, said.

"When it comes to building material, they get the tailwind from the industrial capex. They also get tailwinds from the government capex. They also get tailwinds from the real estate boom. There are multiple tailwinds which help the building material segment whether it is wires, whether it is cables, whether it is PVC pipes."

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The company further said the rationale of the split is to increase the floating number of shares in the hands of public shareholders, increase the liquidity of shares, and encourage the participation of small investors by making the price more affordable.

Sectorally, buying was seen in metals, public sector, utilities, IT and power stocks while consumer durables and FMCG space saw selling