PB Fintech has fixed the price band for the issue at Rs 940-980. Investors can bid for a minimum of 15 equity shares & in multiples, thereafter.
Ahead of the IPO shares of the company were trading at Rs 1,730 apiece in the grey market marking a premium of Rs 605 or 53.77%.
Axis Bank demonstrated strong asset quality but posted a weak PPoP. The bank also lagged peers in loan & PPoP growth.
The market breadth was in the favour of the bulls as 1,659 shares advanced compared to 591 declining while 98 remained unchanged.
Firstsource Solutions announced it has partnered with Eco-Mail, a leading SaaS provider that transforms physical mail assets into digital assets.
Australia's consumer price index rose 0.8% in the September 2021 quarter, data from the country's Bureau of Statistics showed Wednesday.
Anand Rathi is bullish on Steel Authority of India with a price target of Rs 128 per share.
Sensex closed at 61,350.26, up 383.21 points or 0.63%, while Nifty ended 132.20 points or 0.73% higher at 18,257.60
Kotak Mahindra Bank reported a Net Interest Margin (NIM) for Q2FY22 was at 4.45% as compared to 4.6% in Q1 FY22
Fino Payments Bank IPO: The price band for the payments bank has been fixed at Rs 560-577 a share having a face value of Rs 10 a share.