The IPO of Kross, which began bidding on Monday, was subscribed 4.2 times by Wednesday, the final day of the bidding period.By 11:45 am, non-institutional investors led the demand, subscribing to the issue 6.2 times, followed by retail investors with a 5.7 times subscription rate.
FPIs continue to invest; inject Rs 14,167 cr in equities in May
Foreign investors continue to show confidence in the country’s equity market, infusing Rs 14,167 crore so far this month, largely driven by favourable global cues