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.
Lohia Corp IPO review: Analysts have shared constructing view on the Lohia Corp IPO, with a 'Subscribe' rating for the long term.
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.
Indo-MIM IPO: As investors await the opening of the subscription window, here are the key details of the Indo-MIM IPO
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
SBI Funds Management shares listed at ₹613.30 on the NSE, a premium of ₹39.30, or 6.85 per cent, over the IPO issue price of ₹574 per share
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.
Caliber Mining IPO GMP today is ₹105, signalling that shares of the company could debut at ₹529, a premium of almost 25 per cent over the offer price.
Caliber Mining IPO GMP ahead of the offer is 22 per cent. The company is a coal mining and logistics provider, offering end-to-end services.
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.
Laser Power is scheduled to make its Dalal Street debut on Thursday, July 16, after raising ₹742 crore through its maiden share sale
SBI Funds Management IPO: Non-institutional investors (NIIs) led the demand across investor categories, subscribing to 3 times their allocated quota
Kusumgar IPO listing: The stock listed at ₹574 apiece on the BSE, a premium of ₹155, or 36.99 per cent, over its issue price of ₹419 per share
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
Alpine Texworld IPO opens today: Check price band, lot size, GMP, review, allotment date, listing date, and other key details here
As investors await the opening of the public offering, here are the key details of the Millworks Technologies IPO
Laser Power IPO: Check price band, lot size, GMP, reviews, allotment date, listing date, and other key details here