It's also the fifth highest subscribed issue since the year 2000, data collated from Prime Database show
The stock hit a high of Rs 549 within minutes of listing, and edged lower in intraday trade
It would pay in the long run, they say, as these are stickier than debt assets and can generate higher revenue
After going back and forth for several months on its decision to go public, the National Stock Exchange of India (NSE) has finally decided to hit the market
Conflict of interest might prevent NSE and BSE from selecting iBanks appointed by the other
Risk-off sentiment to make a comeback, impacting foreign money flows into emerging markets like India
Interview with deputy chief investment officer (equity), ICICI Prudential AMC
The bank is looking to raise Rs 1,300-1,500 cr after meeting all regulatory and statutory requirements
RBL Bank, Mahanagar Gas, GVR Infra Projects, Larsen and Toubro Infotech are some of the firms going public
Sensex regains 27,000 levels; Nifty up 65 pts
Sensex's price to book value of 2.9 makes it the most expensive index in developed or emerging markets
Last year, Sebi had made it clear that it would not clear new schemes until fund houses merged existing ones with similar characteristics
The increase in STT takes effect only when one sells the option and will be charged on the premium value, not the contract value
Objective of the move is to use automation to maximise trading profits
Sources said number to be less than 10, compared with 14 in 2012
Gujarat, Rajasthan to subsidise expenses of SMEs going public while Maharashtra and West Bengal will utilise VC funds to invest in SME IPOs
Over-subscription, rise in IPO loan rates push up costs, eat into listing gains
According to experts, the change in dilution norms will help encourage more companies to come on board the SME platform