IPO proceeds

Sebi orders BSE to not proceed with Trafiksol listing amid concerns over misuse of IPO proceeds

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Sebi orders BSE to not proceed with Trafiksol listing amid concerns over misuse of IPO proceeds

Capital markets regulator Sebi has asked the exchange BSE to not proceed with Trafiksol ITS Technologies listing amid serious concerns over misuse of the net proceeds received from the IPO. Sebi said it received complaints from various entities regarding a purchase of a software from a third party vendor, which on prima facie appears to … Read more

Kross IPO GMP declines by half ahead of Monday listing. Check details

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Kross IPO GMP declines by half ahead of Monday listing. Check details

The grey market premium (GMP) on Kross‘ shares have reduced by half to Rs 24 from Rs 50 ahead of the listing of the stock on September 16, Monday. This is a 10% premium over the issue price of Rs 240 per share. The three-day initial public offering (IPO) which ended on September 11 got … Read more