There is no dearth of demand for C2C Advanced Systems IPO despite being in troubled waters following a Sebi directive that delayed its listing of shares. The issue, which closed for subscription today, was subscribed by a whopping 116 times. The IPO received bids for 36.56 crore shares as against 31 lakh shares on offer. … Read more
The Waaree Energies IPO share allotment has been finalized today following a strong response from the market, with its shares listing at a healthy premium of 90% in the unlisted market, down from 104%. Investors will receive debit messages from their banks regarding the allotment, which will be conducted on a lottery basis. The entire … Read more
The initial public offer (IPO) of Afcons Infrastructure, a Shapoorji Pallonji company, opened for subscription on Friday. The issue, which closes on October 29, is a combination of a fresh issue of shares worth Rs 1,250 crore and an offer for sale (OFS) of up to Rs 4,180 crore by promoter Goswami Infratech. The company … Read more
The initial public offering (IPO) of Afcons Infrastructure will open for subscription on October 25. The issue closes on October 29. Through the public offer, the company plans to raise nearly Rs 5430 crore. Here are 10 things to know about the Afcons Infrastructure IPO before subscribing to the issue. 1) What is the business … Read more
One prominent feature of the current equity bull run is the debut by smaller companies through richly-priced IPOs. Often, the nature, size and scale of their businesses seem inadequate to justify the asking valuations. It then becomes necessary for investors to understand the nature of their activities and the scope for future growth. ETIG highlights … 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
Mumbai: The buoyancy in the primary market continued with the initial public offerings (IPO) of Clean Science and Technology and G R Infraprojects, which closed for subscription on Friday, witnessing strong investor appetite. Clean Science’s ₹1,546-crore issue was subscribed 96 times while the ₹963-crore offering of GR Infra received bids 105 times the issue size. … Read more