India’s SME IPO market went through a sharp reality check in 2025 and yet, even during this rough phase, a small but notable group of SME stocks quietly delivered multibagger gains, reminding investors that stock selection backed by solid fundamentals determines returns even in a dull market. Data from Trendlyne shows that around 29 SME … Read more
ICICI Prudential AMC, India’s largest active mutual fund house, will open its Rs 10,602 crore IPO for subscription on December 12. The offer, which closes on December 16, is a pure offer for sale by UK-based partner Prudential Corp. No fresh shares are being issued, and the listing will not dilute existing equity. The price … Read more
Wakefit Innovations, the D2C home and sleep solutions company best known for its mattresses, will open its IPO amid a lively grey market sentiment. The unofficial market shows a GMP of 19% ahead of the subscription window, but analysts urge caution. The company has set a price band of Rs 185–195 per share and is … Read more
Tenneco Clean Air India opened to a strong applause and a swift reality check. The stock staged a sharp debut pop on Wednesday, listing at Rs 505 on the NSE, a 27% premium to its issue price of Rs 397, before slipping nearly 5% within the first hour of trade, setting off an early debate … 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
Shares of Vikran Engineering climbed on their first day of trading Wednesday, rising about 5% from the IPO price in a Rs 772-crore offering backed by marquee investors Mukul Agrawal and Ashish Kacholia, although the gains fell short of grey-market expectations. The stock listed at Rs 99.70 on the BSE, 2.8% above its IPO price … Read more
Shares of JSW Cement stumbled on their first day of trading Thursday, sliding more than 5% from their opening price and erasing early gains that had topped grey-market expectations, in a muted debut for the Rs 3,600-crore offering. The stock listed at Rs 153 on the BSE, 4.1% above its IPO price of Rs 147, … Read more
Shares of National Securities Depository Ltd (NSDL) have delivered a long-awaited payday for its pre-IPO investors, jumping 62.5% over just three sessions from the IPO price of Rs 800 and eclipsing even the stock’s unlisted market peak. The stock soared as much as 19.5% on Friday to an intraday high of Rs 1,342.60 on the … Read more
Waaree Energies‘ shares zoomed 12% in today’s intraday session to a new record high of Rs 2,718, marking the fourth consecutive day of gains with strong trading activity. Following a strong debut at a premium of Rs 1,047 or 70%, the stock has surged over 80% from its issue price of Rs 1,503 per share. … Read more
Even as the share allotment is finalised, the Street is eagerly awaiting the debut of Waaree Energies next week, given the shares are commanding a hefty premium in the grey market. Waaree Energies shares are trading with a GMP of Rs 1350 in the grey market and considering the upper price band, the stock is … Read more