Analysts recommend booking profit in the IPO as the current valuations is at par with listed peers.
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
Rolex Rings IPO: The Rs 731-crore IPO received bids for 74,16,00,096 shares against 56,85,556 shares on offer, as per data available with NSE
The Rs 731-crore IPO received bids for 74,16,00,096 shares against 56,85,556 shares on offer, as per data available with NSE
The Rs 731-crore IPO received bids for 74,16,00,096 shares against 56,85,556 shares on offer, as per data available with NSE
The largest franchisee of Pizza Hut, KFC and Costa Coffee in India has fixed a price band of Rs 86-90 a share for its Rs 1,838-crore IPO
The Indian bearing industry accounts for less than 4% of the global bearing market, though its share is expected to grow over the medium to long-term
High sentiment in primary markets may emanate in listing gains but for the long term, it would be worthy to watch for future performance
Markets have been consolidating in a tight range and global markets are not supportive causing the decline
Glenmark Life Sciences IPO is open for subscription from July 27 to July 29, with a price band of Rs 695-720 per share