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Below is quote on IPOs by Mr. Yash Gupta, Equity Research Associate, Angel Broking Ltd   

4 IPO to open for subscription from today, which IPO should retail investors should subscribe to?

Windlas biotech, Devyani international, Krisnaa diagnostics, and Exxaro tiles are open for subscription from today i.e 4^th August 2021, and will be open till 6^th August 2021. The total IPO size of all the 4 IPOs is around ₹3,613 crores, in which Devyani International is the biggest IPO with an IPO size of ₹1,838 crores and Exxaro tiles is the smallest with an IPO size of ₹161 crores. We have assigned SUBSCRIBE rating to Windlas Biotech & Devyani International IPO and we expect both this IPO can give good listing gains also. So short term, as well as long-term investors, can apply for both this IPO. On Krsnaa diagnostic IPO, we believe all the short-term positive has been priced in, so we have assigned a NEUTRAL rating to Krsnaa IPO.

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