The Leela IPO booked 9% on Day 2 so far; GMP at 2.5%. Should you subscribe?

The Leela IPO booked 9% on Day 2 so far; GMP at 2.5%. Should you subscribe?

Continuing to receive a lagging response from the investors, the initial public offering (IPO) of Schloss Bangalore Limited, the operator of The Leela Palaces, Hotels & Resorts, has received only a 9% subscription so far on the second day of the process. The highest subscription was witnessed in the retail investors category, which was booked … Read more

4 new IPOs coming; should you go for them? Here’s how Abhishek Gaoshinde rates them

4 new IPOs coming; should you go for them? Here’s how Abhishek Gaoshinde rates them

Abhishek Gaoshinde, Head of Research, ET Now, says for Aegis Vopak IPO, he will give a 3.5 out of 10. For Schloss, it will be 4 because of its presence in this luxury hotel segment and for Scoda and Prostarm, he will give 2.5 because of their working capital intensive business model. What are the … Read more