Go Fashion (India) opened at Rs 1,316, on the BSE, compared to the issue price of Rs 690 marking a premium of 90.72% or Rs 626
Chennai-based artificial intelligence provider Latent View Analytics got listed at Rs 530, marking a premium of Rs 333 or 169% on the BSE.
Paytm's business model lacks focus and direction and achieving scale with profitability is a big challenge.
Sapphire Foods India has a better revenue per store compared to Devyani International.
Shares of Paytm’s parent One97 Communications opened at Rs 1,950 apiece on the NSE and at Rs 1,955 on the BSE.
Sapphire Foods opened for trading at Rs 1,350 on the NSE implying a premium of Rs 170 or 14.41% over its issue price of Rs 1,180 per share.
Long term investors should wait to enter the stock as valuations are high for a loss-making company
With such mouthwatering returns allotted investors are in a fix whether to book profits or hold on to the stock
Asset management firms like Nippon Life India Asset Management, HDFC AMC, and UTI AMC are already listed on the stock exchanges.
The portion allocated for the qualified institutional buyers (QIBs) was subscribed 10.36 times.