Biopol Chemicals, PAN HR Solution IPOs See Strong Investor Interest on Final Day

• Biopol Chemicals IPO subscribed over 21 times, PAN HR Solution IPO subscribed 9.5 times on final day of bidding (February 10).
• Biopol Chemicals received bids for 6.14 crore equity shares against an offer size of 28.94 lakh shares, raising Rs 31.26 crore.
• PAN HR Solution attracted bids for 1.56 crore shares against an offer size of 16.46 lakh shares, raising Rs 17.03 crore.
• Both companies will finalize share allotment by February 11, with trading starting February 13 on NSE Emerge and BSE SME respectively.
• Biopol Chemicals will use IPO proceeds for land acquisition and debt repayment; PAN HR Solution for working capital and general corporate purposes.