The initial public offer of Kronox Lab Sciences received 24.57 times subscription on the second day of bidding on Tuesday.
The IPO got bids for 16,45,99,160 shares against 66,99,000 shares on offer, as per NSE data.
The quota for non-institutional investors got subscribed 52.92 times while the
Despite general election uncertainty, the primary market remains active with upcoming IPOs like Kronox Lab Sciences and Sattrix Information Security. Analysts foresee a wave of IPOs post-elections, driven by increased domestic capital, improved governance, and supportive government policies.
Nvidia may surpass Apple as world's second-most valuable company due to boost from AI applications livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.
Kronox Lab Sciences raises over Rs 39 crore from anchor investors ahead of IPO moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.