Paytm filed preliminary papers with the Securities and Exchange Board of India to acquire funds worth Rs. 16600 crores or $2.2 billion. This will be India’s biggest stock market listing in at least the past ten years. Per the draft prospectus, the initial public offering will include a fresh issue and an offer for sale …
Meson Valves India Limited, a prominent supplier of valves, actuators, strainers, and remote-control valve systems to industries in both domestic and international markets, made its debut with a stellar premium of 90%, reaching Rs 194 per share on the BSE. What’s more, it hit the upper circuit after listing, and currently, there are no sellers …
EMS Limited, engaged in the business of providing water and wastewater collection, treatment, and disposal services, debuted with a 33% premium, at Rs 281.55 per share on the BSE. On the NSE, the stock opened at Rs 282, marking a 34% increase from its initial public offering price of Rs 211 per share. As of …
In a positive market landscape, Canara Bank Ltd, a stalwart in the PSU banking sector, has demonstrated remarkable strength, surging more than 7.5% in the current week. The bank is now poised for a breakout from a continuation price pattern, with its stock on the cusp of closing above the breakout trendline level. Canara Bank …
IPOs are attractive options for investors who want to invest in the long term growth of a business. Does Kalyan Jewellers IPO, which hit the market today, qualify as a good option? Let’s take an in-depth look at the offer made by Kalyan Jewellers. Before we analyse the offer, here are the critical details that …
RR Kabel Limited is involved in the manufacturing, marketing, and sale of wires and cable products under the ‘RR Kabel brand and fans and lights under the ‘Luminous Fans and Lights brand, debuted with a 14% premium, trading at Rs 1179 per share on the BSE. On the NSE, the stock opened at Rs 1180, …
Jupiter Life Line Hospitals Limited serves as a multi-speciality tertiary and quaternary healthcare provider in the Mumbai Metropolitan Area (MMR) and the western region of India, listed with a premium of 32% at Rs 960 per share on BSE. On the NSE, the stock debuted at Rs 973, indicating an increase of 32% compared to …
MedPlus Health Services, the second-largest pharmacy retailer in India, listed at Rs. 1,040 on the NSE and at Rs. 1,015 on the BSE. The company debuted on the stock market on 23 December 2021 at a fair 30.65% premium. This surge of around 40% is attributed to the strong IPO subscription figures and positive momentum …
The Supriya Lifescience IPO (Initial Public Offering) was subscribed 71.47 times by the end of 20 December 2021. It received 1,03,82,75,874 bids against an allotment of 1,45,28,299 equity shares on the final day of subscription. Supriya Lifescience is one of the country’s top manufacturers and suppliers of APIs (active pharmaceutical ingredients). The company produces 38 APIs in various …
The initial public offering of CMS Info Systems saw a subscription of 1.95 times by the end of its closing day. As of 23 December 2021, this IPO received 7,32,71,721 bids against 3,75,60,975 equity shares allotted by the company. As of March 2021, CMS Info Systems is the largest cash management firm in this nation. …
