Renol Polychem’s IPO is set to launch on Thursday. Investor confidence is high, supported by robust financial performance. The IPO aims to raise Rs 26 crore through a fresh issue of shares. Anchor investors have already committed Rs 4.03 crore. The funds will be used for capital expenditure, working capital, and debt repayment.
Jio IPO bids hit 70,000 crore on day 1; outpaces NSE, LIC, GIC issues
The initial public offering of Jio Platforms has attracted impressive attention, with an oversubscription of 3.16 times. Institutional investors were particularly keen, subscribing at a