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.
Mutual fund NFOs: 6 new funds to open for subscription this week; ICICI Prudential MF to launch 3 life cycle funds
Around six new mutual fund schemes will open for subscription between August 24 and August 28. The upcoming launches include three target-date life cycle funds