Shadowfax Technologies’ initial public offering (IPO) worth Rs 1,907 crore reached its third and final day of bidding on Thursday. In the gray market, the premium (GMP) – an unofficial measure of pre-listing demand – has risen steadilyThe GMP has fallen to around 1%, down from 12% a few days ago. Based on this current […]
Pharmaceutical company Corona Remedies, which is backed by private equity firm ChrysCapital, on Wednesday set a price range of Rs 1,008-1,062 per share for its upcoming initial public offering (IPO), valuing the company at nearly Rs 6,500 crore. The initial public offer of Rs 655.37 crore, which is entirely an Offer For Sale (OFS) by […]
The initial public offer of GK Energy LTD, a provider for agricultural water pump systems on solar energy, received no less than 89.62 times subscription when it closed on Tuesday. The IPO of RS 464-Crore received bids for 1,98,77,78,982 shares against 2.21,828 shares that are offered, according to data available at the NSE. The part […]
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 […]