Latest Updates Around The World
After nearly four months of back-to-back public offerings that have helped Indian companies raise record capital in the primary market, the week ahead will be noticeably quieter. No new motherboard IPOs are planned, marking a brief pause in what has been one of the busiest listing cycles in recent years. Instead, three SME issues will […]
A week of heady quotes met a harsh dose of reality on Wednesday as three of Dalal Street’s most watched newcomers, PhysicsWallah, Lenskart and Groww, fell sharply to 10% in volatile trading. The pullback, driven by profit-taking and a dramatic short-seller boom in Groww, forced investors to reassess how much heat these newly listed stocks […]
The IPO of Billionbrains Garage Ventures Limited (Groww) was fully subscribed on Thursday, the second day of the offering, receiving 1.07 times the number of shares on offer at 11.45am. The ₹ 6,632 crore issue, priced at ₹ 95-100 per share, has attracted a lot of interest from retail investors. Retail Individual Investors (RIIs) have […]
Dalal Street is gearing up for another busy week of public offerings, led by the highly anticipated IPO of Groww, which will test investor appetite for India’s new fintech stocks amid a wave of regulatory and market volatility. In addition, a handful of smaller SME issues will also come to market, keeping private investors involved. […]
Online brokerage Groww will kick off one of the most anticipated public releases of the year in the first week of November. The issue opens for public subscription on November 4 and closes on November 7. The price range will be announced later today, marking the formal start of its journey to the public markets. […]
