Mumbai: The majority of this year’s initial public offerings (IPOs) have been hits – generating strong investor responses and delivering significant returns following substantial listing gains. About 38 IPOs have taken place so far in 2024 with an average listing gain of 25% and average returns after debuting at 49% till date. Four stocks – … Read more
Buoyed by positive investor sentiment and listing gains, more companies have shown their appetite to raise funds through the primary market in FY24 compared to the previous year. About 76 companies accessed the public markets in FY24, raising nearly Rs 62,000 crore through mainboard IPOs. This is 19% higher than the Rs 52,116 crore mobilized … Read more
Shares of BLS E-Services made a bumper debut on Dalal Street as the shares got listed at a premium of 128.9% on BSE at Rs 309 as against the IPO price of Rs 135. On NSE, the stock listed at Rs 305, up 125.9%. The initial public offer (IPO) of BLS E-Services received a solid … Read more
The shares of BLS E-Services had a bumper listing at the bourses on Tuesday, exceeding all expectations. The stock was listed at over 140% premium, after which, it rallied further and is currently trading 172% higher than the issue price on BSE. The public offer was priced at Rs 135 apiece. The IPO was also … Read more
