ET Intelligence Group: What’s common among PN Gadgil, Arkade Developers, Bazaar Style Retail, Saraswati Saree Depot and Tolins Tyres? All these companies have strong regional businesses and have rolled out their IPOs in recent months. Several peers, with robust regional footprints, have debuted on stock exchange the past couple of years-often to provide exit to … Read more
Benchmark indices ended on a flat note in a lacklustre trade on Monday, as investors preferred to remain on the sidelines awaiting further triggers. In today’s trade, shares of IndusInd Bank, Zomato, Saraswati Saree Depot, HCL Tech, Poly Medicure among others will be in focus due to various news developments. IndusInd Bank IndusInd Bank has … Read more
The initial public offer (IPO) of Saraswati Saree Depot, which opened for subscription earlier today, sailed through within hours of opening. The subscription for the IPO, which closes on August 14, stood at 2.46 times so far on Day 1. The issue was fully subscribed in all the categories, but retail and non-institutional investors led … Read more
