P/E valuation

Kronox Lab Sciences IPO opens for subscription. Should you bid?

by
Kronox Lab Sciences IPO opens for subscription. Should you bid?

The initial public offer (IPO) of Kronox Lab Sciences opened for subscription earlier today and will close on June 5. The issue is completely an offer for sale of 95.7 lakh shares. Since the IPO is entirely an OFS, all the net proceeds will go to the selling shareholders, including Jogindersingh Jaswal, Ketan Ramani and … Read more

Exxaro Tiles IPO: Should you subscribe or give it a miss?

by
Exxaro Tiles IPO: Should you subscribe or give it a miss?

NEW DELHI: Gujarat-based Exxaro Tiles on Wednesday kicked off its Rs 161 crore IPO. On the block is a fresh issue of 1,11,86,000 shares and an offer of sale (OFS) of 2,238,000 shares by one of its shareholders. The price band of the issue is fixed at Rs 118-120. On Tuesday, the company allotted 19,73,325 … Read more