Forty-one of these 57 IPOs received a mega response of more than 10 times, with 16 IPOs garnering more than 50 times bids. Four issues even managed to cross over 100-times subscription.
India’s growing clout on the world stage is giving it a halo that companies find irresistible. A high level of corporate governance standards can burnish its reputation further
Shares of Varun Beverages Ltd, which have climbed 113 per cent in the past one year and 984 per cent in five years, delivered a strong operating performance in its fourth quarter results