By Nandan Mandayam and Kashish Tandon (Reuters) -Indian budget retailer Vishal Mega Mart's $943 million IPO was fully subscribed on the second day of bids on Thursday, though a flood of recent offerings dulled retail investors' appetite for a company analysts say is immune to its bigger rivals' problems.

Vishal Mega Mart Ltd.’s $944 million initial public offering was fully sold on the second day of the sale, driven by strong demand from high-networth and retail investors.

Supermarket store operator Vishal Mega Mart's public issue will open for subscription on December 11. Established in 2001, Vishal Mega Mart is a hypermarket chain offering various products, including apparel,

The portion for retail investors was subscribed 0.93 times, while the non-institutional part was subscribed 2.5 times

The IPO of Vishal Mega Mart aims to raise Rs 8,000 crore via an offer for sale of 102.56 crore shares, while that of Mobikwik is looking to raise Rs 572 crore through an entirely fresh issue of 2.05 crore shares.

Five IPOs are launching this week, with Mobikwik leading in investor interest. Analysts recommend Mobikwik, followed by Vishal Mega Mart and Sai Life Sciences, considering their unique business models and market opportunities,

(Reuters) -Indian budget retailer Vishal Mega Mart's 80-billion-rupee ($943 million) initial public offering (IPO) was fully subscribed on day two of bids, led by demand from non-institutional investors.

Vishal Mega Mart, Mobikwik, Sai Life Sciences, opening today, investors are baffled which issue should they apply for.