These companies will break a jinx of sorts seen during the December preceding a General Election year
So far this calendar, domestic funds subscribe for shares worth Rs 5,577 cr in anchor category, while FPIs Rs 5,417 cr
Here's what brokerages recommend investors should do, with this Rs 1,200 crore IPO which closes for subscription on Friday, December 15.
Kumar will replace Abhishek Gupta, who will continue with Oyo in "an advisory and mentorship capacity
Goel says that the increased focus on profitability and reasonable pricing underpins demand for IPOs
The sector saw a dual dynamic in Q2 - revenue growth acted as a current of strength, yet profit margins faced resistance
The assets under management of active smallcap schemes experienced a slight decline, even as smallcap indices registered double-digit gains in November
However, newly listed shares come off highs as caution sets in
The global ER&D player registers best listing-day performance for an IPO of over Rs 500 crore
For the quarter ended June 2023, Gandhar had posted a profit of Rs 54.3 crore on revenues of Rs 1,070 crore
Tata Technologies' IPO raised Rs 3,040 crore ($365 million), with shares being sold at Rs 500 each, the top of the marketed range. Demand exceeded shares on offer by 69 times, as investors piled
As per grey market operators, Tata Tech shares could gain over 80 per cent, while that of Gandhar are pegged to gain 40 per cent on debut
Tata Tech IPO: The shares of Tata Technologies will likely be listed on the bourses (BSE & NSE) on November 30
Tata Technologies IPO subscription: It was subscribed 69.43 times as of the final day of subscription on November 24, driven by high participation from institutional buyers
Third party reports and comments can affect markets and shake investor confidence
The Chinese retail giant, now headquartered in Singapore, is estimated to be valued over $60 billion
IPO garnered bids worth Rs 1.56 trillion
This is the first company from the Tata Group to float an initial public offer (IPO) in nearly two decades. Tata Consultancy Services was the last IPO from the group in 2004
Most listings see oversubscription on Day One
The Rs 3,042.5 crore IPO received bid for 8,73,22,890 shares against 4,50,29,207 shares on offer, translating into 1.94 times subscription as per NSE data till 11:21 hrs