IPO Activity

BLS Polymers shares listed at ₹248 on the National Stock Exchange (NSE), a premium of ₹98 or 65.3 per cent over the IPO issue price of ₹150.

Jio Platforms' ₹30,213 crore IPO was fully subscribed within 100 minutes of opening on October 21. The issue was booked 22.19 times, with strong institutional demand driving the bids.

Sahajanand Medical Technologies' debut was broadly in line with grey market premium (GMP) indications, which had pointed to listing gains of around 8 per cent.

Analysts attribute the strong performance of recent IPOs to investor preference for niche and differentiated businesses, backed by healthy growth expectations and high entry barriers in some segments.

The investment bank estimates that 25-50 per cent of nearly 70 mid-to-late-stage private AI companies could go public in the next two to five years.

Zetwerk IPO review: Brokerages have shared mixed views on the public issue. SBI Securities and ICICI Direct have recommended a 'Subscribe' rating, while Swastika has rated it 'Neutral'.

Jio IPO GMP today: On Thursday morning, Jio Platforms shares traded at ₹1,319 in the grey market, implying a premium of ₹200 per share, or 17.87 per cent over the upper end of the price band.

Fusion CX IPO review: Brokerages have shared mixed ratings on Fusion CX Ltd IPO. SBI Securities has recommended 'Subscribe' rating, while Swastika has rated it 'Neutral'.

Vishal Nirmiti shares listed at ₹215 on both the BSE and NSE, at a discount of ₹5, or 2.27 per cent, to the IPO issue price of ₹220.

Orient Cables shares debuted on the NSE at ₹450, a premium of ₹178, or 65.44 per cent, over the issue price of ₹272.

A-One Steels shares opened at ₹462 apiece on the BSE, up ₹57, or 14.07 per cent, from the issue price of ₹405.

The key concern for the investors in mega issues, according to G Chokkalingam, founder and head of research at Equinomics Research, is how the issue is priced.

Runwal Enterprises IPO review: SBI Securities has assigned a 'Neutral' rating, citing negative operating cash flows over the last three years.

SS Retail, Jindal Supreme and Hero Motors IPOs were available for bidding from September 16 to September 18, with listings slated to take place on BSE and NSE.

Steamhouse India shares opened at ₹94.50, marking a gain of ₹13.50 or 16.67 per cent over the issue price on the NSE.

NSE IPO subscription status, GMP today: NSE has set a price band of ₹1,700-1,785 per share, with a face value of ₹ 1. In the grey market, NSE shares are trading at a premium of up to 9 per cent.

NSE IPO price band: The National Stock Exchange (NSE) has set the price band at ₹1,700-1,785 per share for its much-awaited IPO.

Manipal Payment IPO review: Analysts have recommended a 'Subscribe' rating on the issue for listing gains. The current GMP stands at 10 per cent.

LCC Projects IPO: LCC's profitability metrics, decent valuations and improving debt profile propel analysts to assign a 'subscribe for long-term' rating to the IPO.

Kanohar Electricals' IPO price band is set at ₹601-632 per share. Investors can apply in lots of 23 shares.