Amid heavy redemption, mutual funds put in big money in 4 IPOs and made a killing

Fund managers were seen subscribing to shares worth Rs 927 crore in the IRFC IPO. They bought Rs 143 crore worth of shares in Indigo Paints, Rs 117.82 crore in Home First Finance IPO and Rs 50 crore in the Stove Kraft offering.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/amid-heavy-redemption-mutual-funds-put-in-big-money-in-4-ipos-and-made-a-killing/articleshow/80969264.cms