The grey market premium for the issue is quoting in the range of Rs 290-320 apiece implying a premium of 52-57%.
The company claimed that it was the only profitable online travel agency among the key online travel agencies in India during FY18-FY20
The basis of allotment for MTAR Technologies’s Rs 600-crore initial public offering (IPO) is expected to be finalised on March 12, 2021. Shares of t
The online travel company on Friday raised a little over Rs 229 crore from anchor investors.
Ahead of the IPO, the issue is quoting at a GMP (grey market premium) of Rs 165 per share offering close to 90% premium over the offer price.
The lender said it may also consider raising Rs 250 crore through a pre-IPO placement which would be in consultation with the lead managers to the iss
The price band for the issue is fixed at Rs 186-187 per share.
The Rs 596-crore MTAR Technologies IPO got subscribed 71% on the first day of the bidding process till 11 am (IST).
Anupam Rasayan India has received Sebi's approval to raise Rs 760 crore through an initial public offering
IPO is basically a company looking for money while a SPAC is money looking for a company.