Shares of Vidya Wires, which made its market debut earlier today, rose as much as 12% to hit the day’s high of Rs 58.48 after a flat opening, where the stock was on par with its IPO price of Rs 52 per share.The Rs 300 crore IPO, opened from December 3 to 5, included a […]
Tomorrow there will be three IPOs with very different business models, and the question for investors is which IPO has the greatest potential on trading day? Based on gray market premium trends (GMP), Meesho leads with 38%, followed by Aequs with 28%, while Vidya Wires lags behind with 8%. GMP is not a guarantee, but […]
Gujarat-based Vidya Wires’ Rs 300-crore initial public offering (IPO) received a strong response on the first day of subscription and was booked more than twice. The issue attracted bids for shares of Rs 9.98 crore against the offered shares of Rs 4.33 crore, reflecting robust interest from both retail and non-institutional investors.On the gray market, […]
Investor sentiment appears optimistic in the gray market as three motherboard IPOs, Meesho, Aequs Limited and Vidya Wires, gear up for listing from December 3 to 5.All three issues call for a notable gray market premium (GMP), which is interpreted by market watchers as an early signal of possible enthusiasm on trading day. According to […]
India’s primary market is gearing up for a strong close in FY 2025, with a mix of major motherboards and a slew of SME IPOs set to mobilize nearly Rs 6,900 crore. The bulk of this fundraising will come from Meesho, by far the biggest release of the week, alongside Aequs and Vidya Wires on […]