Exxaro tiles IPO Vs Windlas Biotech IPO Vs Krsnaa Diagnostics IPO Vs Devyani International IPO: GMP: Subscription till 6th August

In the beginning of the August month there are 4 IPO's which are open for subscription from 4th August to 6th August 2021.

And confused which one to apply? below analysis may help you to decide.

Exxaro tiles IPO Vs Windlas Biotech IPO Vs Krsnaa Diagnostics IPO Vs Devyani International IPO; GMP; Subscription till 5th August
Image source - Google Images


Lets have look at market sentiments towards these IPO's by seeings its subscription and Grey market premium.

Exxaro tiles IPO Vs Windlas Biotech IPO Vs Krsnaa Diagnostics IPO Vs Devyani International IPO; GMP; Subscription till 5th August

Devyani International limited IPO

The Devyani International IPO is subscribed 116.50 times on 6th Aug 2021
  1. Qualified Institutional Buyers (QIB) - 95.27 times Subscribed
  2. Retail Individual Investors (RII)        - 38.38 times Subscribed
  3. Non Institutional investors (NII)        - 213.06 times Subscribed
  4. Employee Reservation                         - 4.67 times Subscribed
And the Grey market premium is around Rs. 63 on 6th August. Which is 70% of its issue price of 86 to 90 rupees per share.

Windlas Biotech IPO 

The Windlas Biotech IPO is subscribed 22.04 times on 6th Aug 2021
  1. Qualified Institutional Buyers (QIB) - 24.40 times Subscribed
  2. Retail Individual Investors (RII)        - 23.41 times Subscribed
  3. Non Institutional investors (NII)        - 15.73 times Subscribed
And the Grey market premium is around Rs. 130 on 6th August. Which is 28.26% of its issue price of Rs. 448 to Rs. 460 per share.

Krsnaa Diagnostics IPO

The Krsnaa Diagnostics IPO is subscribed 64.10 times on 6th Aug 2021
  1. Qualified Institutional Buyers (QIB) - 49.83 times Subscribed
  2. Retail Individual Investors (RII)        - 40.37 times Subscribed
  3. Non Institutional investors (NII)        - 116.30 times Subscribed
  4. Employee Reservation                         - 0.94 times Subscribed
And the Grey market premium is around Rs. 400 on 6th August. Which is 42% of its issue price of Rs. 933 to Rs. 954 per share.

Exxaro tiles IPO

The Exxaro Tiles IPO is subscribed 21.54 times on 6th Aug 2021
  1. Qualified Institutional Buyers (QIB) - 17.04 times Subscribed
  2. Retail Individual Investors (RII)        - 38.12 times Subscribed
  3. Non Institutional investors (NII)        - 4.99 times Subscribed
  4. Employee Reservation                         - 2.43 times Subscribed
And the Grey market premium is around Rs. 24 on 6th August. Which is 20% of its issue price of Rs. 118 to Rs. 120 per share.


Disclaimer: This article is for educational purpose only and does not provide any buy or sell recommendation

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