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
Manipal Payment's share price listed at ₹330 on the NSE, down 2.6 per cent, and at ₹332 on the BSE, a discount of 2.06 per cent.
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.
State Bank of India (SBI) could pocket ₹2,849 crore or a 2,23,025 per cent gain from NSE IPO's listing.
NSE IPO subscription will start on September 17 and conclude on September 21. NSE has set the price band at ₹1,700 to ₹1,785. Investors can bid for 8 shares in each lot.
Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.01 per cent and 0.18 per cent, respectively
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.
Glass Wall Systems IPO GMP was 21 per cent ahead of the debut, while the stock debuted at just 7 per cent upside over the offer price.
Sensex Today | Stock Market Highlights, Monday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 2.12 per cent and 2.43 per cent, respectively
Kanohar Electricals IPO commanded a 36 per cent GMP and led against Glass Wall Systems and Prasol Chemicals.
Eighteen mainland IPOs raised ₹28,976 crore and carry ₹2.48 lakh crore of market value - 8.6 times the capital raised.
Pranav Constructions IPO GMP: Shares of Pranav Constructions were trading at ₹169 in the unofficial market ahead of stock market debut.
NSE IPO takes centre stage as primary market activity heats up
Altman said this year would be an 'ill-advised moment' for initial public offering and that a listing won't take place until next year
Sensex Today | Stock Market Highlights, Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.26 per cent and 0.58 per cent, respectively
Bumper Gains: ESDS Software Solution and Dhoot Transmission shares were locked at 10% upper circuit; while Milky Mist Dairy Food hit the 5% upper circuit in Friday's trade.
We find the large-cap segment to be the most fairly priced compared to mid and small caps at the broad level, says Ashwini Shami of OmniScience Capital.
Sensex Today | Stock Market LIVE Updates Thursday: The GIFT Nifty indicated that the Nifty50 may extend losses at open. Asian markets were trading lower
Textile company Sonaselection India Ltd on Thursday fixed a price band of Rs94-99 per equity share for its upcoming Rs 141.6-crore initial public offering. The company's maiden public offer is scheduled to open on September 17and conclude on September 21.The bidding for anchor investors will take place on September 16. The Bhilwara-headquartered company's IPO will comprise a fresh issue of 1.43 crore equity shares worth Rs 141.57 crore at the higher end, with no offer for sale (OFS) component,according to a statement. Proceeds from the IPO will be used for debt payment, purchasing plant and machinery at the company's manufacturing facility and general corporate purposes. Founded in 2022, Sonaselection India is an integrated fabric manufacturing and processing company, with the core operations housed at its manufacturing facility atBhilwara in Rajasthan. Bhilwara is widely recognised as a major hub for textile processing and manufacturing, providing the company access to skilled ..
The three-day IPO will open on September 16, with the auto parts maker planning to raise ₹600 crore through fresh shares and ₹400 crore through an offer for sale