India's leading end-to-end and IoT (Internet of Things) solutions-enabled integrated electronics manufacturer Kaynes Technology will hit Dalal Street today after a successful initial public offering (IPO) run. The 858 crore IPO was 34.16 times oversubscribed
The IPOs of Archean Chemical and Five Star Business will be open for public subscription on November 9 and close on November 11, while that of Kaynes Technology and Inox Green are set to kick off on November 10 and November 11 respectively, as per the red herring prospectus (RHP).
This came after four companies launched their initial share-sales last week. Of these, two IPOs maker of snacks and sweets Bikaji Foods International and Global Health Ltd which operates hospitals under the Medanta brand are currently underway. Get more Markets News and Business News on Zee Business.
The primary market continues to be a busy one with four firms, including Archean Chemical Industries and Five Star Business Finance, are set to float their IPOs next week.