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 […]
Bharat Coking Coal’s IPO has seen one of the strongest subscription responses seen in India’s primary market in recent years, with bids worth over Rs 1.1 lakh crore swamping an issue size of just Rs 1,071 crore. Data from the exchanges shows that investors bid for 50,93,16,75,600 shares at the highest price band of Rs […]