Institutional portion subscribed 12.68 times; retail crosses quota
IPO listings: 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.
The IPO has a price band of ₹140 to ₹148 per share. The lot size for an application is 101 shares, meaning retail investors need to invest a minimum of ₹14,850 for one lot
The NSE IPO received a strong response from investors. Against the 8.86 crore shares offered, bids were received for around 50.40 crore shares.
The company has set a price band of ₹30 to ₹32 for its ₹420 crore ($43.84 million) IPO, according to an exchange filing
The NSE IPO closes for bidding on September 21. The exchange has set a price band of ₹1,700-1,785 per share.
Moneyview, formerly known as Whizdm Innovations, provides users a suite of financial products through a network of banks, non-bank lenders, insurers, and other financial institutions
The company has fixed a price band of ₹51-54 per equity share, according to a statement
The proposed IPO comprises a fresh issue of up to Rs 300 crore and an offer-for-sale by promoters and an investor, according to the draft red herring prospectus (DRHP) filed on Thursday
The NSE IPO opened for subscription today (September 17) and will remain open till Monday (September 21). The exchange has set a price band of ₹1,700-1,785 per share.
Holding-company discounts and losses at key unlisted ventures could weigh on Tata Sons' IPO valuation, though its diversified portfolio may still command a premium
NSE IPO: BSE's improving operating leverage and residual room to expand in cash equities, where NSE still holds ~93 per cent, have justified a scarcity-and-momentum premium for the listed exchange.
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.
State Bank of India (SBI) could pocket ₹2,849 crore or a 2,23,025 per cent gain from NSE IPO's listing.
Analysts said that NSE's rich valuation is justified by its strong leadership position, supported by aliquid marketplace & powerful network effects arising from the country's structural market growth.
Among the six IPOs listing on Thursday, LCC Projects has the highest GMP at ₹46.
NSE IPO will open for bidding on September 17 and close on September 21, looking to raise ₹22,562 crore.
SS Retail IPO: Brokerages took note of the company's strong positioning in Tier II & Tier III markets along with its sectoral leadership; however, they flagged the steep valuations.
Master Trust highlighted the company's long operating history, dealer network and exposure to rising domestic and export demand, while Swastika Securities assigned a 'Subscribe' rating.
Hero Motors IPO review: Analysts have assigned a 'Neutral' rating to the Hero Motors IPO despite the company reporting strong profit growth, even as revenue expansion remains modest.