Despite the potential to overtake HMIL's IPO in size, the fees paid to investment bankers are likely to be lower than the record ₹493 crore - about 1.77% of the issue size - in the automaker's listing
New free-float norms may unlock mega IPOs like Reliance Jio and NSE, even as market volatility tests airline stocks and complicates listing plans for firms such as PhonePe
Personally, as an experienced investor, I would allocate more to mid, small-caps; if India grows faster than the world, these companies should grow faster too, said Kailash Kulkarni, CEO, HSBC MF.
Sedemac Mechatronics IPO received a decent investor response with an overall subscription of 2.68 times, driven by strong participation from qualified institutional buyers
Innovision aims to raise ₹323 crore from the public issue, comprising a fresh issue of 4.7 million shares worth up to ₹255 crore and an offer for sale of 1.2 million shares worth up to ₹67.84 cror
So far, 10 companies have listed on the bourses this year. Of these, only three, Bharat Coking Coal, Amagi Media Labs, and PNGS Reva Diamond Jewellery, are trading above their issue price
SEDEMAC Mechatronics IPO allotment today: Once the allotment is finalised, applicants can verify their allotment status online through the official websites of the BSE, NSE, or MUFG Intime India
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