The Rs 1,013.6-crore IPO received bids for 5,55,12,051 shares against 80,79,491 shares on offer
Shares in Indian digital payments firm Paytm slid more than 27% in its stock market listing on Thursday, making it one of India's worst-performing large initial public offerings
Paytm tumbles 27% after weak debut, analysts suggest exiting the stock; Sapphire Foods lists at a 14% premium
Sebi proposes tighter rules for IPOs
Maruti and Asian Paints were the top gainers among the Sensex 30 stocks, up 2.3 per cent each
The initial public offer of Go Fashion (India) Limited, which owns women's wear brand Go Colors, was subscribed 1.18 times within hours of opening for subscription on Wednesday
The IPO opened for subscription on November 17 in the price band of Rs 665 to Rs 690
The proposals come amid a record Rs 1-trillion-plus mop-up through IPOs this year, the bulk of which came from new-age and loss-making companies
Go Fashion's IPO opens on Wednesday and closes on Friday
Debutants exhibited mixed outing on Day 1. PB Fintech was up 4.4 per cent, Sigachi Industries zoomed 270.5 per cent, while SJS Enterprises ended at a 5 per cent discount to issue price
A rallying stock market helped spur multiple technology unicorns to list in India this since January, with proceeds raised in new-share sales at over $12 billion, already a record for a full-year.
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The IPO comprises fresh issue of equity shares aggregating up to Rs 125 crore
Among sectoral indices, the BSE Realty index plunged 2.5 per cent. The Bankex, Healthcare and Telecom indices were down over a per cent each
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Market experts said domestic investors shunned the IPO as a high-risk bet
Rivian is hitting the public markets as it looks to make a dent in the electric vehicle market led by Tesla Inc