Companies flock to public markets as IPO fundraising jumps 19% to nearly Rs 62,000 cr in FY24

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

BLS E-Services share price: Blockbuster Debut! BLS E-Services shares list at 129% premium over IPO price

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

BLS E-Services jumps 172% over IPO price after stellar listing. Should investors hold or sell now?

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