New Delhi, Aug. 28 -- On the second day of bidding, both Vikran Engineering IPO and Anlon Healthcare IPO comfortably sailed through, with Vikran Engineering IPO being subscribed 3.75 times and Anlon Healthcare IPO receiving a subscription status of 2.42 times by 11:40 IST, according to BSE data.

According to Harshal Dasani Business Head, INVasset PMS, the Rs.121-crore Anlon Healthcare IPO, which will closw on August 29, was driven largely by strong retail demand, while institutional and NII segments were softer. The grey market premium hovered around 5-6%, indicating a muted listing gain over its upper price band. Proceeds are earmarked for expanding manufacturing capacity, funding working capital, reducing debt, and meeting general corp...