The share allotment of Azad Engineering IPO is expected to be finalised on December 26. Investors received shares on a lottery basis and the whole process was supervised by the registrar. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. They can check … Read more
Mumbai: The initial public offerings (IPOs) of of Vijaya Diagnostics Centre and Ami Organics closed with a subscription of 4.5 times and 64.6 times, respectively, on Friday. Analysts said revival in the mid and smallcaps in the secondary market after a weak performance in August has helped these IPOs, though the market participants favoured specialty … Read more
NEW DELHI: Shares of Equitas Small Finance Bank were enjoying a small premium in the grey market – or the unofficial market for trading in unlisted shares – on Friday. A host of brokerages have recommended a ‘subscribe’ rating on the issue. Abhay Doshi, an independent dealer in unlisted shares, said the stock was commanding … Read more