2025 has seen a surge in demand for large IPOs, with average subscriptions for issues over ₹5,000 crore reaching 17.7 times, the highest since 2021. This broad-based demand, driven by institutional investors and a preference for profitable, proven businesses, marks a shift towards more discerning investment strategies.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO