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.
Stocks to Buy | 2 top stock recommendations from Aditya Arora
Markets are showing impressive performance with FMCG and Metal sectors leading the way. Aditya Arora of Adlytick highlights Hindustan Unilever and Emami as promising stocks