The IPO of Inox India was subscribed 61 times at close, driven by strong interest from qualified institutional buyers. The category reserved for retail investors was subscribed 14.82 times, while the NII portion garnered bids of 52.97 times. The category reserved for the QIB category was subscribed by a massive 147.8 times.
INOX India IPO Price Today: Analysts were expecting the stock to list at a 75-80 percent premium, however, the lower premium was due to the subdued market momentum
India Business News: The listing of INOX India faced challenges due to an unforeseen market downturn, falling short of Dalal Street's projections. Despite significant subs
INOX India IPO: The strong listing expectations for InoxCVA IPO are attributed to its strategic position in the niche market of cryogenic equipment, healthy order book and strong financial performance