IPO lock-in expires, shares of 38 companies worth $21 billion may enter market by November

IPO lock-in expires, shares of 38 companies worth  billion may enter market by November

Shareholder lock-ins worth $21 billion in 38 companies will be lifted between today and November 30. The value pertains to the opening of total locked-in shares but it is important to note that not all of these shares will come for sale as a sizeable portion of these shares are also held by promoters and … Read more

BofA, Aditya Birla MF buy shares worth Rs 42 crore in debutant Interarch Building Products via block deals

BofA, Aditya Birla MF buy shares worth Rs 42 crore in debutant Interarch Building Products via block deals

Bank of America (BofA) bought 1.3 lakh shares of Interarch Building Products on Monday via a block deal at a cost of Rs 16.74 crore. The stock made its debut on the exchanges today and against the issue price of Rs 900, BofA bought Interarch shares at a price of 1,287.75 per share which was … Read more

Interarch Building Products IPO: Price band, GMP among 10 things to know

Interarch Building Products IPO: Price band, GMP among 10 things to know

The initial public offering (IPO) of Interarch Building Products will open for subscription on August 19. The issue closes on August 21. Through the public offer, the company plans to raise around Rs 600 crore. Here are 10 things to know about the Interarch Building Products IPO before subscribing to the issue. 1) What is … Read more