ICICI Prudential Asset Management Company’s initial public offering (IPO) entered its third and final day of subscription with the gray market premium (GMP) remaining stable at around 14%, indicating strong investor confidence.Investor interest had increased sharply on the second day of the offering. The Rs 10,602 crore IPO of India’s largest active mutual fund manager […]
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, […]
Tenneco Clean Air India’s Rs 3,600-crore IPO entered its second day of subscription after being 42% subscribed on day 1. The issue received bids of Rs 2.77 crore against 6.66 crore shares on offer.The IPO has generated strong interest in the gray market, with the gray market premium (GMP) rising to around 21.5%, up from […]
Tata Capital’s RS 15,512-Crore IPO, one of the largest public issues of the year, is open today for subscription. In the first hour of bidding, the issue was subscribed to 17%, with bids received for 5.58 Crore shares against the total range of 33.34 Crore shares. The IPO will remain open for three days and […]
SOLVEX EDIBLES, a manufacturer and distributor of rice sealing oil and associated by -products, closed his RS 19 Crore IPO on 26 September. The shares of the company are mentioned today. The IPO has a Tepid Investor Response with the Gray Market Premium (GMP) retained by 0%, suggesting that the excitement with a limited list […]
The initial public offer (IPO) from DEV Accelerator witnessed a strong investor’s interest on his third and last day on Friday 12 September. The public issue of RS 143-Crore was subscribed almost 64 times against his offer size by the end of day 3. The IPO received bids for more than 84 crore shares compared […]
The RS 126 Crore IPO from Amanta Healthcare has so far subscribed 23.04 times on Wednesday, the third day of bidding, largely driven by a strong demand from NIIS and retail investors. Amana Healthcare IPO GMP today In the Gray Market, the share is currently being traded with a premium of 8% compared to the […]
The RS 126 Crore Initial Public Offer (IPO) from Amanta Healthcare was subscribed to the second day of BIKEN 6.28 times, largely powered by strong participation of the retail trade. In the Gray Market, the shares are currently trading with a premium of 12% above the upper price band of RS 126. Although slightly lower […]
After a healthy response to the IPO, Vikran Engineering will complete the basis of the allocation for his RS 772-Crore IPO on Monday. Investors who have placed bids between 26-29 August can soon check whether they have received shares. The EPC company, which has operations on electricity, water, railways and solar infrastructure, will be mentioned […]
Bluestone Jewelry and Lifestyle’s RS 1,541 CRORE IPO is generally 66% subscribed according to the last update on the third and last day of bidding. Under investor segments, qualified institutional buyers (QIBs) have shown a relatively stronger interest, who are subscribed to 85% of their assigned part. In the gray market, the answer to the […]