The BSE SmallCap index, which was down over 3 per cent at one point during the day, ended just 0.83 per cent lower.
Any company launching an IPO takes valuation cues from the secondary market, which bankers say are "encouraging"
The BSE Sensex closed at 54,555 levels, up 152 points or 0.28 per cent. The Nifty50 index shut shop at 16,280 levels, up 22 points or 0.13 per cent
With foreign money pouring into the start-up universe, the economy may finally get the stimulus that the government was unable to provide
Stock market LIVE: In the broader markets, the BSE MidCap and SmallCap indices declined over 1 per cent each
CarTrade is an electronic exchange focusing on auto sector and thus there is no peer company having similar business operations
According to market players, the GMP for CarTrade is 25 per cent, while Nuvoco Vistas is less than 10 per cent, over their offer price.
So far in the current fiscal, 16 companies have raised Rs 30,666 crore through IPOs against Rs 31,277 crore by 30 firms in the entire 2020-21.
Superb listing gains made by companies listed recently have prompted investors to enthusiastically participate in all IPOs
Their holding rose to all-time high of 7.18% in Q1; institutional holdings decline
Market experts say buoyed by returns from recent IPOs, retail investors are now subscribing to all offers being launched. The last four firms to list have seen gains of 65-113% on the first day
The broader market, however, saw profit booking as, both, the BSE Mid and SmallCap indices declined 1 per cent each.
Four initial public offerings (IPO) -- Windlas Biotech, Exxaro Tiles, Krsnaa Diagnostics and Devyani International -- have opened for subscription from Wednesday.
Market regulator observes several shortcomings in the existing procedure
Offer priced at Rs 1,585-1,618 per share. With no fresh issue, IPO is a complete offer for sale
The online beauty aggregator is looking to raise Rs 525 crore via fresh equity. According to media reports the company intends to raise a total of Rs 4,000 crore
Average retail applications for July IPOs up 2x over 2020, 8x over 2019
Of this, Rs 3,750 crore will be fresh issue portion and OFS of Rs 2,267.5 crore
Policybazaar was founded in 2008 to tap the large population of under-insured in a country of 1.3 billion people
Saurabh Mukherjea says that his three-step approach to investing does not focus on short-term factors like what central banks are doing or what will do well in the festive season