Latest Updates Around The World
The gray market is sending out loud signals ahead of Bharat Coking Coal Ltd’s stock market debut, with the IPO commanding a premium that points to a potential listing gain of 54% even after a last-minute postponement pushed the listing to Monday. For investors who piled into one of the most underwritten PSU offerings in […]
The Rs 1,789 crore Amagi Media Labs IPO entered its third and final day of bidding with a marginal improvement in investor sentiment. The gray market premium (GMP) has risen from around 6% to around 7%, indicating slightly better – but still cautious – expectations for stock market gains amid volatile markets and heightened valuation […]
The listing of Bharat Coking Coal Ltd., a subsidiary of PSU Maharatna Coal India, has been postponed to January 19 from the earlier scheduled date of January 16 due to local elections in Maharashtra.Furthermore, the Indian stock market will remain closed on Thursday, January 15 due to the municipal elections in Maharashtra. Both the BSE […]
INDO SMC’s Rs 92 crore IPO opens for subscription on Tuesday, with early signals from the gray market pointing to solid investor appetite despite a cautious broader equity backdrop. The book-built SME IPO carries a gray market premium of around 24%, indicating expectations of healthy listing gains ahead of its proposed debut on the BSE […]
Heading into the end of the year, the Indian primary market is as busy as ever, especially in the SMB segment, with around 11 companies planning to raise a little over Rs 750 crore next week. The biggest and most closely watched issue in the coming week is Gujarat Kidney and Super Specialty, which is […]
ICICI Prudential AMC’s IPO has generated one of the strongest demand signals in India’s primary markets. The Rs 10,600 crore IPO attracted bids worth nearly Rs 3 lakh crore from 55 lakh applications, making it the fourth largest subscription amount in the history of Indian IPOs.In comparison, Tata Capital’s IPO had received around 23.6 lakh […]
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 […]
Technology platform Meesho on Tuesday raised Rs 2,440 crore from 125 investors, ahead of its initial public offering (IPO) set to launch on Wednesday, December 3. The company has allotted 21.98 crore shares at the highest price band of Rs 111 each. Of the 21.98 crore shares, 9.37 crore shares, accounting for 42.63% of the […]
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 […]
Meesho’s upcoming IPO has revealed an interesting detail as the company plans to allocate Rs 480 crore from the offer proceeds solely to paying the salaries of its AI, machine learning and technology teams. The amount is notable not only for its size, but also because it represents one of the largest single allocations for […]
