IPO frenzy at its peak, but investors should be selective and not rush for every IPO
IPO will comprise a mix of primary issue and sale of secondary shares. JP Morgan, Kotak Mahindra Capital and Citi will reportedly manage share sale
Just like market participants take clues from SGX Nifty and not trade in it, IPO applicants takes cues from GMPs for listing-price anticipation
The online classified platform CarTrade Tech has fixed a price band of Rs 1,585-1,618 per share for the initial share sale.
On the BSE, Rolex Rings opened at Rs 1,249, at a premium of 38.78% or Rs 349 over its issue price of Rs 900 per share
The public offer received bids of 13,13,77,99,700 shares against the offered 11,25,69,719 equity shares.
Pantomath Capital Advisors Private Limited is the appointed lead manager to the offer.
The Rs 1,213.33-crore IPO received bids for 3,80,33,730 shares against 71,12,099 shares on offer
The IPO received bids for 11,78,80,500 shares against 1,14,50,675 shares on offer
On the second day of the bidding, Krsnaa Diagnostics has been subscribed 5.33 times.