New Delhi, Dec. 16 -- Two initial public offerings (IPOs) are currently underway on Dalal Street, namely ICICI Prudential AMC and KSH International. While today (December 16) is the last day to apply for ICICI Prudential AMC IPO, the KSH International has opened today and will be available for subscription till December 18.

With two IPOs underway on Dalal Street, investors are likely to be divided over which one to apply for. Based solely on the grey market trend, the market leader and one of the biggest offerings of the year, ICICI Prudential AMC IPO, has emerged as the preferred bet. Its grey market premium (GMP) has been in a steady uptrend, suggesting strong interest in the public offer.

On the last day of the offer, ICICI Prudentia...