As investors struggle to decide the best bet, analysts' consensus lies with ₹3,811-crore Indo MIM IPO as they find its global leadership position, robust financials and strong grey market positioning.
Three IPOs hit Dalal Street today - Indo-MIM, Lohia Corp and Xtranet Technologies. Check which IPO leads the GMP race along with issue details, brokerage views, and other key details.
Xtranet Technologies IPO has received mixed reviews, with Swastika recommending applying with a medium-term view. SBI Securities has a 'neutral' call on the offer.
At the upper end of ₹152, the company seeks to raise ₹5,000 crore through the public issue, which comprises an entirely offer-for-sale (OFS) issue of 328.9 million equity shares
Caliber Mining IPO comprises a fresh issue of 9.4 million shares aggregating ₹400 crore and an offer for sale (OFS) of 1.2 million shares worth ₹50 crore
Ahead of the listing, the company's unlisted shares were trading at ₹678 apiece in the grey market, indicating a premium of ₹104 per share, or 18.12 per cent, over the IPO issue price of ₹574
SBI Funds Management IPO allotment status is expected today (Friday, July 17). Investors can check their allotment on the registrar Kfin Technologies' website, as well as on the BSE and NSE websites.
Laser Power share price: Shivani Nyati of Swastika Investmart has advised existing shareholders to stay invested for the medium to long term, while suggesting fresh accumulation on dips.
Millworks Technologies IPO: The retail investor portion was booked 9.47 times, while the non-institutional investor (NII) category was subscribed 4.50 times.
The anchor book witnessed participation from marquee institutional investors, including GIC, Abu Dhabi Investment Authority, BlackRock, Fidelity Management, Goldman Sachs among others