ICICI Prudential Asset Management Company will launch its $1.2 billion initial public offering in the second week of December, two sources said on Thursday. This makes India’s second-largest asset manager the latest in a long list of companies to go public this year.The fund house, which had filed for an initial public offering in July, […]
India’s leading retail investment platform, Groww (Billionbrains Garage Ventures Ltd), has entered the third and final day of its IPO filing. At the end of Day 2, the issue was subscribed 1.64 times, receiving 59.84 crore bids against the 36.47 crore shares on offer.In the gray market, the IPO GMP (gray market premium) has been […]
The debut of Midwest, India’s largest producer and exporter of Black Galaxy and Absolute Black granite, will hit the bourses on Friday and the gray market premium (GMP) is currently around 10%, indicating a modest but steady start for the Rs 451 crore IPO. According to market watchers, in the unlisted market, Midwest shares offer […]