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

After strong IPO response, Sanstar shares to debut tomorrow. Here’s what GMP suggests

After strong IPO response, Sanstar shares to debut tomorrow. Here’s what GMP suggests

After a robust subscription to the IPO, the shares of Sanstar will debut on the exchanges on Friday. Ahead of the listing, the company’s shares are trading with a GMP of Rs 30 in the unlisted market. Considering the upper price band of Rs 35, the stock is expected to list with a premium of … Read more