Shares of as many as seven newly listed companies could see heightened activity in December as their shareholder lock-in periods expire. At current market prices, the value of stock eligible to trade post-expiry for these firms is estimated at nearly Rs 7,000 crore. Importantly, the end of a lock-in does not imply that all these … Read more
Analysts said the flat to marginally positive listing was largely in line with expectations, given the muted market sentiment in recent weeks. According to Prashanth Tapse, Senior Vice President – Research Analyst at Mehta Equities, the subscription response to the IPO was a reflection of confidence in Orkla’s fundamentals and brand portfolio. “Despite the IPO … Read more
Six initial public offerings are set to open for subscription this week. These companies aim to collectively raise more than Rs 1,800 crore. Investors can consider options ranging from consumer brands to logistics and textile firms. Grey market premiums suggest potential returns for some of these upcoming listings. This presents a busy period for India’s … Read more