Less than half of the IPO's listed during the last six years are trading below their issue price, and nearly 19% of them are at a loss of 25-50% from their IPO price, suggests data shared in a report by Axis Capital.
Faridabad (Haryana) [India], January 19: Defrail Technologies Limited, a manufacturing company engaged in rubber and engineered polymer-based components, made a strong debut on the BSE SME platform today, listing at ₹95 per equity share, representing a premium of 28.38% over its issue price
Mumbai (Maharashtra) [India], December 8: Shipwaves Online Limited, a company specialising in multimodal transportation and providing seamless end-to-end shipment solutions across ocean, land, and air, has announced a price band of Rs. 12 per equity share for its upcoming initial public offe
Online investment platform Groww made a strong debut on the stock exchanges on Wednesday, listing at Rs 112 per share, a 12 per cent gain over its issue price of Rs 100.
Ahmedabad (Gujarat) [India], November 11: Darshan Orna Limited (BSE: 539884), a leading name in the jewellery and ornaments sector, has announced the launch of its Rights Issue of up to 5,00,29,335 fully paid-up equity shares of ₹2 each at an issue price of ₹3 per share (including a premium
LG Electronics India made a strong debut on the National Stock Exchange (NSE) on Tuesday, listing at Rs 1,710.10, over 50 per cent higher than its issue price.
Mumbai (Maharashtra) [India], October 10: The shares of B.A.G. Convergence Limited is trading at ₹ 106.05 on NSE, a premium of 22% compared with the issue price of ₹ 87 per equity share.
Mumbai (Maharashtra) [India], October 3: Suba Hotels Limited's initial public offering (IPO) concluded its third and final day with extraordinary investor interest, signaling robust appetite for India's mid-market hotel operator. The issue, priced at ₹105-₹111 per share, raised ₹75.47 crore
Srinagar (Jammu & Kashmir) [India], September 17: Sarveshwar Foods Limited today announced that it has achieved successful closure of Rights Issue of 24,99,10,469 (Twenty-Four Crore Ninety-Nine Lakh Ten Thousand Four Hundred Sixty- Nine) Fully paid-up Equity Shares aggregating to ₹ 149.95 Cr
Chennai (Tamil Nadu) [India], June 28: SEPC Limited today announced that it has achieved successful closure of Rights Issue of 74,35,19,173 (Seventy Four Crores Thirty-Five Lakhs Nineteen Thousands One Hundred & Seventy-Three ) Partly paid-up Equity Shares aggregating to ₹ 350 Cr.
New Delhi [India], March 15: Incorporated in July 2022 Divine Hira Jewellers Limited specializes in designing and marketing premium 22 Karat gold jewellery. The company caters to wholesalers, showrooms, and retailers with a diverse range of gold jewellery that combines traditional artistry w