Reflecting the growing trend of investing in IPOs for listing gains, a Sebi study shows that 54% of IPO shares are sold within a week from listing by non-anchor investors. Based on data from 144 mainboard IPOs listed between April 2021 and December 2023, the study found that about 54% of IPO shares (in value … Read more
ET Intelligence Group : For those amazed at the overwhelming 400-times oversubscription of the ₹12-crore SME IPO of Resourceful Automobile, a two-wheeler dealer with just two Yamaha showrooms and eight employees, such oversubscription is no longer considered an exception in the Indian primary market. Data sourced from Prime Database show that 152 SME IPOs have … Read more
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
The initial public offer (IPO) of Kronox Lab Sciences opened for subscription earlier today and will close on June 5. The issue is completely an offer for sale of 95.7 lakh shares. Since the IPO is entirely an OFS, all the net proceeds will go to the selling shareholders, including Jogindersingh Jaswal, Ketan Ramani and … Read more
The shares of Indegene will list on the exchanges on Monday and the unlisted market trends indicate robust listing gains for allotted investors. The company’s shares are trading with a GMP of Rs 290 in the grey market, and considering the upper price band of Rs 490, the stock is expected to list with a … Read more
The GMP of Motisons Jewellers, after a massive subscription to the IPO, are holding steady at Rs 78-80 in the unlisted market, indicating multibagger listing gains to investors. The company’s shares are expected to list on the exchanges on December 26. At the upper price band of Rs 55, the stock is trading nearly 145% … Read more
