KRN Heat Exchanger and Refrigeration Ltd’s IPO was fully subscribed within minutes of opening. The share sale received bids for over 3.40 crore shares against 1.09 crore on offer, translating to 3.10 times subscription. The IPO aims to raise Rs 342 crore, with funds allocated for a new manufacturing facility and general corporate purposes.
Expecting FDI to increase to USD 100 bn/annum in coming years: DPIIT Secy
New Delhi is receiving USD 70-80 billion in foreign direct investments annually and aims to reach USD 100 billion per year. The government is easing