[ad_1] MUMBAI: After a tepid few years of Indian startups stalling public listing plans amid a global tech slowdown and choppy markets, new age firms are now set to make a comeback in the public markets. About 15-20 startup unicorns are expected to launch initial public offerings (IPOs) in the next 12-24 months, senior officials…
[ad_1] MUMBAI: In a year when key equity benchmarks scaled new highs and rallied nearly 20% making investors richer by about Rs 85 lakh crore, 55 of the 59 issues gave IPO investors handsome returns of 45% on average. In fact, 2023 turned out to be an outlier for primary market investors when 59 companies…
[ad_1] Motisons Jewellers, an Ahmedabad-based jewellery company, witnessed a remarkable response to its Initial Public Offering (IPO). Motisons Jewellers shares on Tuesday listed on the National Stock Exchange (NSE) at a premium of 91% compared to the issue price. The stock debuted at Rs 105, significantly higher than the offer price of Rs 55. Similarly,…
[ad_1] Last week, the initial public offering (IPO) market in India experienced a flurry of activity with the launch of IPOs by five companies, including Tata Technologies, Ireda, Flair Writing Industries, and Gandhar Oil Refinery. This surge in IPOs has sparked conversations about the grey market and grey market premium (GMP). Let us delve into…
[ad_1] BENGALURU: Shares of Indian Renewable Energy Development Agency (IREDA) surged as much as 74% in their trading debut on Wednesday, valuing the state-owned firm at 149.71 billion rupees ($1.80 billion).The stock, which listed at 50 rupees, climbed to a high of 55.70 rupees, and has so far in the session stayed above its initial…
[ad_1] MUMBAI: Investors are set for strong gains from the listing of a slew of IPOs, which hit Dalal Street last week if the grey market premiums (GMP) are any indication. GMP is the markup on the price of a stock in the unofficial market ahead of listing .For instance, the stock price of Tata…
[ad_1] IPOsgalore: In the upcoming week, the primary market in India is expected to witness significant activity as five companies are scheduled to launch IPOs worth over Rs 7,000 crore. Analysts have indicated that the positive sentiment in the secondary market could aid these IPOs, and they advise investors to consider subscribing to these issues,…