Crayons IPO fully subscribed on Day 1; retail portion booked 8.79 times
Share Price India
May 22, 2023
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Crayons Advertising Ltd’s SME initial public offer (IPO) was fully subscribed within hours of opening on day one – at 4.62 times so far, on the back of high bidding by retail investors, according to subscription data on the stock exchanges. The advertising agency’s IPO opened for bidding on May 22 and will close for subscription on May 25.