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.
On the BSE, Nuvoco Vistas opened for trading at Rs 471, at a discount of 17.37% or Rs 99 over its issue price of Rs 570 per share.
Trading could be volatile in the forthcoming week as traders roll over positions in the F&O segment from the near month August series to the Septe
Founded in 2009, CarTrade is backed by marquee investors -- Warburg Pincus, Temasek, JPMorgan, and March Capital.
Grey market premiums are falling primarily due to yesterday's weak listing of the 4 IPOs, specially Krsnaa and Windlas which affected the sentiments.
The online classified platform CarTrade Tech has fixed a price band of Rs 1,585-1,618 per share for the initial share sale.