SEBI propose an increase in the lock-in for anchor investors in startup IPOs to 90 days as it will provide more confidence to other investors.
Unlike the mad rush witnessed in the past few months, the response for IPOs in August was subdued especially from retail investors who were selective.
Shares of the Chemplast Sanmar are quoting at a premium of Rs 12 over its issue price of Rs 541 per share.
Grey market premiums are falling primarily due to yesterday's weak listing of the 4 IPOs, specially Krsnaa and Windlas which affected the sentiments.
Initial public offering: Aptus is one of the largest housing finance companies in south India in terms of asset under management (AUM), as of FY21.