Investors in Mad Rush Commit RS 1.2 Lakh Crore for 3 IPOs Looking for only RS 2,400 crore

The three IPOs from Urban Company, Shringar House and DEV Accelerator received an overwhelming question from investors, because investors committed a cumulative amount of RS 1.22 Lakh Crore. Urban Company has caught the highest bids for nearly 1000 crore shares, against 10 crore shares that are offered. The issue, which was priced on RS 103, […]

IPO GMPS: Urban Company vs DEV Accelerator vs Shringar House – Gray market buzzes, but where should you place your bet?

Three IPOs from the motherboard, Urban Company, DEV Accelerator and Shringar House of Mangalsutra, show a strong interest on Dalal Street this week, each of which on the last day of bidding. But it is the gray market that offers an early wrist on potential action day promotion. Urban Company leads the peloton The RS […]