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Source: Business Standard 4 min read Last Updated : Oct 16 2024 | 2:06 PM IST Eighteen of the top 30 initial public offerings ( IPOs) by size have failed to generate excess returns when compared to the returns from CNX500 index, which tracks the performance of the top 500 companies, according to a study…
Source: Live Mint Lakshya Powertech IPO: The initial public offering (IPO) of power generation firm Lakshya Powertech Limited opened in the Indian primary market on Wednesday, October 16. The IPO, available for subscription until Friday, October 18, has seen strong demand, with nearly 20 times oversubscription within the first two hours of its launch. The…
Source: Business Standard 3 min read Last Updated : Oct 15 2024 | 6:33 PM IST Hyundai Motor India garnered 18 per cent subscription on Tuesday, the opening day of the issue. The offering received bids for 17.81 million shares—three-fourths of which came from retail investors—as against 99.77 million on offer. A day earlier,…
Source: Live Mint Shiv Texchem share price listed with a strong 44% premium at ₹239 on the BSE SME on Tuesday. The subscription received by the IPO and the GMP had indicated towards a good listing gains The initial public offer of Shiv Texchem had received strong response being subscribed 156.55 times. By October 10,…
Source: Business Standard Hyundai (Photo: Shutterstock) 5 min read Last Updated : Oct 14 2024 | 12:34 PM IST Hyundai Motor India IPO: As the initial public offering (IPO) of Hyundai Motor India, well positioned to be India’s largest public offering, opens for anchor bidding on D-Street today, several brokerages—including KR Choksey, Anand Rathi Research,…
Source: Live Mint While the passenger vehicle market is currently facing headwinds, is Hyundai’s IPO a strategic gamble? With the beginning of the festivities, could the timing signal the beginning of a new growth chapter for the company, capitalizing on increased consumer sentiment and potential market rebound? As HMI prepares to gauge investor sentiment, a…
Source: Business Standard 3 min read Last Updated : Oct 14 2024 | 3:30 PM IST Indian primary markets have been booming, as nearly as many as 121 initial public offerings (IPOs) have gone public this year. The BSE data reveals that as many as 107 IPOs posted gains on listing. That said, given…
Source: Live Mint NEW DELHI : In recent years, retail investors have emerged as a formidable force in India’s equity markets, driven primarily by the growth of mutual fund investments through systematic investment plans (SIPs). However, this influx of “uninformed” retail money is inadvertently creating exit opportunities for seasoned “smart money” investors—such as promoters, private…
Source: Business Standard Here’s how to check Garuda Construction and Engineering’s IPO allotment (Photo: Shutterstock) 2 min read Last Updated : Oct 11 2024 | 12:35 PM IST Garuda Construction and Engineering IPO allotment status: Garuda Construction and Engineering’s initial public offer (IPO) allotment is anticipated to be finalised today. The IPO closed for subscription…
Source: Live Mint Pranik Logistics IPO: The Subscription period for the Initial Public offering started on October’10 and ends on 15 October 2024. Check subscription status, GMP, key dates and other key details Pranik Logistics IPO: Subscription details The Pranik Logistics IPO had received 2.08 times subscriptions on October 10, 2024, by 4.10 PM. The…
