Krsnaa Diagnostics vs Windlas Biotech vs Devyani International vs Exxaro Tiles IPOs: GMPs, other details
- After the end of day two bidding, grey market premium of all IPOs have remained unchanged except Krsnaa Diagnostics
Krsnaa Diagnostics vs Windlas Biotech vs Devyani International vs Exxaro Tiles IPOs: With July and August being month of public issue subscription, four new Initial Public offerings (IPOs) opened for bidding on Wednesday and today will be the last day to apply for this public issue. As second day of bidding is over, all four public issues have been oversubscribed as Krsnaa Diagnostics, Windlas Biotech, Devyani International and Exxaro Tiles IPO got subscribed 5.42 times, 7.06 times, 6.73 times and 10.40 times respectively. After strong response from the market investors to these four initial offers, grey market too responded strongly in favour of these public issues. Shares of all four IPOs have remained unchanged today except Krsnaa Diagnostics. Krsnaa Diagnostics share price in the grey market has slipped from ₹450 to ₹400 today.
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