Issue price of IREDA was Rs 32 per share while it opened at a premium of 56.25% at Rs 50 on NSE
IPO market has been roaring and amidst all the buzz there is some confusion that has emerged regarding the listing of most awaited stocks. Last week, five IPOs were open. They were IREDA, Tata Technologies, Gandhar Oil Refinery, Flair Writing, Fedbank Financial Services. All the IPOs got a good response. Tata Technologies and Gandhar Oil […]
Total of Rs 3,67,000 crore were bid for a total of just over Rs 7,000 crore shares on offer.
Currently 5 IPOs are open for subscription and investors are showing a good response in them
Brokers are generally bullish on the company due to the fact that valuations seem reasonable and there are good growth prospects. Swastika Investmart, Anand Rathi, Reliance Securities and Nirmal Bang have given subscribe ratings.
Currently, 3 IPOs are open for subscription and investors are opening up their wallet for these companies.
Although the company has presence across the country but its major business is in South.
The IPO market has action all around as one company got listed and two companies are open for subscription.
The company works under contract development and manufacturing organization business model
It is the worst of times, it is the best of time. The current situation of the Indian stock market reminds us of these famous words. We are witnessing interesting dynamics in equity markets. Institutional investors are considered informed investors that make decisions after thorough research. So it is believed that they have a good […]