After Stove Kraft announces maiden listing offer in the stock exchanges, the grey market premium jumps 26 percent. The IPO issue opens on January 25 in the price band of Rs 384-385 apiece expected to raise Rs 412.62 crores. It is the fourth IPO offer of the month, so let’s look at the various aspects …
The subscription period for Vedant Fashions’ IPO started on 4th February, 2022, and will run through 8th February, 2022. The public issue of Rs 3,149.19 crore was acquired 0.14 times, while the retailer portion was acquired 0.22 times, according to the Vedant Fashions IPO subscription status after the initial day of bidding. Vedant Fashions’ share …
2021’s IPO journey is going to start with a bang. In the new year’s first big IPO launch, Indian Railway Financial Corporation’s maiden offer will float in the market on January 18. The PSU NBFC targets to divest 1,782,069,000 equity shares aggregating to Rs 4,633.38 crores. The shares will launch in the price band of …
Today, IKIO Lighting Ltd made a remarkable debut on both the NSE and BSE, with a substantial premium of 38% as expected. On the NSE, the stock opened at Rs 392.50, marking a 37.7% increase from its issue price of Rs 285. Similarly, on the BSE, it opened at Rs 391, reflecting a 37.19% rise …
Anupam Rasayan is preparing to launch a Rs 760 crore IPO containing fresh scrips on March 12, 2021. After the price band is announced, the share price surged 58 percent in the grey market and was trading at Rs 875. If you are an interested investor, here are the key points to help you evaluate …
Zaggle Prepaid Ocean Services Limited is engaged in the business of providing fintech solutions to manage corporate business expenses through automated and innovative workflows. The stock debuted at a discount, opening at Rs 162 per share on the BSE. On the NSE, the stock opened at Rs 164, marking a flat opening from its initial …
Indian beauty giant Nykaa saw an erosion in its profits because of the excessive advertising surrounding its IPO. After a massive and stellar performance on the IPO and later on the bourse, Nykaa has reported a marginal profit after tax. Here are the details regarding this story. Main details regarding Nykaa’s profit erosion Nykaa has …
2022 is off to a bang as various companies float fresh IPOs. One such IPO ready to launch on 27 January 2022 is the Adani Wilmar IPO. Get more details of this IPO and learn about its competitive strengths before you decide to buy any stock. Let’s begin with the details. Know About Adani Wilmar …
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 …
