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
Sunil Suresh, CMD, and Pradeep Mishra, CFO, Stanley Lifestyles, in conversation with ET Now after the luxury furniture maker’s IPO debuted at 34% premium on NSE on Friday. Stanley is not planning to expand into smaller towns. They will mostly be in the major metros, Delhi, Mumbai, Hyderabad, Pune, and Calcutta. High-end, luxury furniture being … Read more
Mumbai: The initial public offering (IPO) of Stanley Lifestyles was subscribed 96.98 times on the final day of the offer Tuesday. The ₹537-crore issue of the luxury furniture brand was priced at ₹351-369 per share. The qualified institutional buyer (QIB) portion was subscribed 222.1 times, the non-institutional investor (NII) portion 119.52 times while the retail … Read more
