The Indian IPO market demonstrated a strong performance despite declining global economic performance.The year has been historical for the Indian IPO market, with the largest Indian life insurance PSU, the Life Insurance Company of India, making its debut on the exchange. Since April 2022, twenty three mainboard IPOs have hit Dalal Street and seven of …
An Overview This week’s primary markets will be buzzing with activity as MapmyIndia IPO closes for subscription on December 13 and five additional IPOs come to market. Tuesday is the deadline for bids for Jhunjhunwala-backed Metro Brands IPO. Data Patterns India, HP Adhesives, Supriya Lifescience and Medplus Health Services will all make their public offerings available …
# Issue Name OP (Rs) Listing Day – Close Price (Rs) Listing Gain (%) Listing Date Oversubscribed (x) 1 Tata Technologies Limited 500 1314.25 162.85 Nov 30, 2023 69.43 2 ideaForge Technology Limited 672 1295.5 92.78 Jul 07, 2023 106.06 3 Utkarsh Small Finance Bank Limited 25 47.94 91.76 Jul 21, 2023 110.77 4 IREDA …
Indian shares opened lower on Wednesday, with significant declines in major financial and IT stocks. Concerns over upcoming domestic election results and the timing of U.S. interest rate cuts added to market pressures. At the closing trade, the Nifty 50 was down 0.8% at 22,704.70 points, and the S&P BSE Sensex fell 0.89% to 74,502.90 …
Founded in 2006, Le Travenues Technology Limited operates as an online travel agency (OTA) under the brand name ixigo. This platform allows travelers to book train, flight, and bus tickets, as well as hotels. Ixigo offers a comprehensive range of services including PNR status checks and confirmation predictions, alerts for train seat availability, updates on …
On the 2nd day of bidding, i.e., June 04, 2024, the Kronox Lab Sciences IPOc witnessed an increased interest from investors. Kronox Lab Sciences IPO offers 66,99,000 shares. 19,14,000 (28.57%) to QIB, 14,35,500 (21.43%) to NII, 33,49,500 (50.00%) to RII. 30,450 RIIs will receive a minimum of 110 shares, and 310 (sNII) and 621 (bNII) …
Investing in Initial Public Offerings (IPOs) has always been an attractive prospect for many investors. In May 2024, several companies went public, providing opportunities for substantial IPO listing gains and beyond. Here, we analyse the IPO performance of the top IPOs of May 2024, detailing their listing day gains, post-IPO market performance, and when they …
An Overview To shield themselves from the risks of high valuations, foreign portfolio investors (FPIs) have adopted a switch-trade strategy. They reduced their exposure to the IT sector in October when values hit a 15-year high while increasing allocation to cyclical banks and automobile businesses, where valuations are lower. According to NSDL statistics, FPIs sold …
Foreign portfolio investors (FPIs) have reportedly withdrawn Rs 12,278 crore from the markets. According to data from the depositories, FPIs have invested a little over Rs 1,272 crore in debt while withdrawing Rs 13,550 crore in the equities segment. Following the withdrawal in October, news reports suggest that the net investments of FPIs for this calendar year …
The Kronox Lab Sciences IPO opened for subscription on June 3, 2024, and will close on June 5, 2024. It is a book-built issue of ₹130.15 crores, entirely an offer for sale of 0.96 crore shares. Kronox Lab Sciences has set the price band for the IPO at ₹129 to ₹136 per share. The minimum …
