The Innova Captab IPO, which ran from December 21 and December 26, received a strong investor response, receiving bids of 50,16,58,245 shares against the offered 90,78,010 equity shares. In total, the issue was subscribed 55.26 times.
Shares of KPI Green Energy Ltd rallied to their record high today after the company said its board would meet on December 30 to consider and approve the proposal for issue of bonus equity shares. KPI Green Energy stock gained nearly 10% to a high of Rs 1464.75 on BSE. The power stock opened higher at Rs 1371.40 against the previous close of Rs 1334.60 on BSE. KPI Green Energy shares have gained 220% in 2023 and risen 235% in a year. The stock has zoomed 833% in two years.