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Godavari Biorefineries' IPO was fully subscribed on its final day, October 25, with a total subscription of 1.73 times the offer size. Qualified institutional buyers significantly supported the issue, subscribing 2.75 times their quota, while retail investors subscribed 1.56 times. However, the non-institutional investor segment was undersubscribed at 82%.
Horizon Robotics Inc. is set to debut in Hong Kong following a successful $696 million IPO, marking a resurgence in initial public offerings in the region. The Chinese company, specializing in autonomous driving systems, priced its shares at the top of the range amid strong demand from investors, including Baillie Gifford & Co. and Norway’s sovereign wealth fund. In pre-market trading, the stock surged by as much as 31%.

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