The price band for quick-service restaurant operator has been fixed at Rs 86-90 per share. The issue opens on August 4 and closes on August 6.
While Nykaa is expected to launch the IPO with an issue size of Rs 5000 crore, PolicyBazaar is looking to raise Rs 6,500 crore
The issue received bids for 4,17,79,260 shares against 1,50,18,279 shares on offer, as per data available with the NSE
Geojit Financial Services assigned a “Subscribe” rating for the issue on a long-term basis considering its strong focus on R&D.
The domestic equity barometers ended a volatile session with modest losses on Monday.
Here's all you need to know about upcoming IPOs
Ahead of the IPO, shares of Glenmark Life Sciences were trading at Rs 855 per share marking a premium of Rs 135 or 18.75% at the upper price band
Rolex Rings has fixed a price band of Rs 880-900 per share. An investor can bid a minimum of 16 equity shares and in multiples, thereafter.
Factors like earnings, volatility and cost of money are key to determine the way markets will move going forward, says Naveen Kulkarni
The public issue will have a fresh issue of equity shares worth up to Rs 1,060 crore and sale of up to 63 lakh equity shares by Glenmark Pharma