Latest directive follows instances during LIC's IPO where certain applications had to be cancelled as they didn't have sufficient funds in bank accounts
Shares of Ethos listed at Rs 825, a 6 per cent discount when compard with its issue price of Rs 878 per share on the NSE.
Aether's Rs 808-crore offering capped a busy month for IPOs, which saw a cumulative mop up of Rs 30,140 crore by eight companies
Analysts believe that Aether's multiple chemistry competencies to use for a wide array of products makes it a distinguished market player compared to other chemical companies
Delhivery provides supply chain solutions to a diverse base of 23,113 active customers such as e-commerce marketplace, direct-to-consumers e-tailers, and enterprises across several verticals.
The Indian logistics business is poised for tremendous expansion, and the IPO-bound Delhivery, with its focus on the fast-growing e-commerce market, has promising growth potential ahead of it
The stock opened at Rs 355, 22 per cent higher against issue price of Rs 292 on the BSE.
Investment bankers say it will be challenging to launch even a single deal in March
Shares of the major private insurers, HDFC Life and ICICI Prudential are seen testing key support levels currently.
Co-founded by Naresh Trehan, Medanta brand owner Global Health is a leading private multi-speciality tertiary care providers in the north and east regions of India
Calendar year 2021 (CY21) was one of the most remarkable years for the primary markets where nearly Rs 1.2 trillion was mopped up till early December by 66 companies
Supriya Lifesciences had priced its IPO between Rs 265 and Rs 274 per share
In November, more than 7.6 million UPI mandates were created for IPO applications
China's regulatory onslaught leads to slowdown in the hub's market
Jalan says investor sentiment, hit by a spate of poor listings in August, shall improve as we see successful listing going ahead
At the upper end of the price band, Devyani is offered at 9.5x market capitalisation/sales as per FY21 financial statement, compared to peers like Jubilant Foodworks (15x), Westlife Development (8.8x)
Low interest rates, hefty returns have driven record demand for IPOs, but with valuations for newly public companies now at levels last seen during dot-com bubble, some analysts are raising concerns
Robinhood will reserve up to 35% of shares for its app users at the pre-trading range of $38 to $42 apiece
Shyam Metalics shares traded at a premium of Rs 123-125 or nearly 40 per cent over the issue price of Rs 306 in the grey market ahead of listing, while Sona Comstar shares were trading flat
India Pesticides IPO: Analysts have largely assigned 'Subscribe' rating to the issue on the back of positive growth prospects, strong financials and reasonable valuations