IPOs of Devyani International, Windlass Biotech, Krsnaa Diagnostics, and Exxaro Tiles was oversubscribed on the first day of bidding. Devyani International’s IPO was subscribed 2.69 times by investors, with retail investors bidding for their portion 11.37 times. Windlass Biotech IPO was subscribed 3.18 times at the end of the day. Retail investors have bid for the issue 6.22 times. Kenya Diagnostics’ IPO was subscribed 1.98 times on day one. Retail investors have so far bid for their portion 9.59 times. Exxaro Tiles issue was subscribed 4.67 times. All the four IPOs will remain open for subscription till Friday evening.
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic benchmark indices claimed new all-time highs on Thursday’s opening bell. Sensex touched 54,576 while Nifty 50 crossed 16,290. Minutes into the day’s trade, both the benchmark indices trimmed gains to trade flat with a positive bias. Bank Nifty was down in the red, falling 0.23% to give up the 36,000 mark. Midcap and smallcap indices underperformed and traded with losses. India VIX was in the red. Bharti Airtel was up 2.8% as the top Sensex gainer, Tech Mahindra, Asian Paints, Nestle India, and Reliance Industries. IndusInd Bank was the total Sensex drag, falling 1.8%, followed by ICICI Bank, HDFC, Maruti Suzuki India, and Titan.