KRN Heat Exchanger IPO: GMP soars over 100% ahead of issue opening tomorrow

KRN Heat Exchanger IPO: GMP soars over 100% ahead of issue opening tomorrow

The initial public offer (IPO) of KRN Heat Exchanger will open for subscription on September 25. The issue will be available for investors to bid till September 27. Ahead of the issue opening, the company’s shares are trading with a GMP of Rs 240 in the unlisted market, which is a massive 110% premium to … Read more

Shubhshree Biofuels Energy shares debut with 59% premium on NSE SME platform

Shubhshree Biofuels Energy shares debut with 59% premium on NSE SME platform

Shares of Shubhshree Biofuels Energy made a strong debut on the NSE SME platform with a premium of 58.8% on Monday, listing at Rs 189 compared to the issue price of Rs 119. This positive opening reflects strong investor interest, although the listing gains were slightly below grey market expectations, where the shares had been … Read more