Innova Captab IPO Commands Remarkable 11.5x Oversubscription on Day 3, While GMP Witnesses a Subsequent Decline.
Innova Captab operates across three business segments, offering contract development and manufacturing services to domestic pharmaceutical firms. Innova Captab’s IPO Initial public offering (IPO) has witnessed substantial traction from investors, displaying a robust subscription rate of 3.65 times at the close of Day 2. Commencing on December 21, the IPO seeks to raise Rs 570…