The SME offering, which opened for subscription on March 17, has received a muted response from investors, with the issue being subscribed merely 64 per cent
PDP Shipping & Projects shares listed at Rs 108.25 apiece on the BSE SME, reflecting a discount of Rs 26.75, or 19.81 per cent, from the issue price of Rs 135 per share
Activity in India's primary market tapered off at the beginning of the first two months as sentiment in the secondary market turned bearish
The temporary slowdown in India's primary market follows a $1.3 billion rout in secondary stocks as foreign investors continue to sell off local equities
In the previous session, the Sensex ended 0.02 per cent, or 12.85 points, lower at 74,102.32, while the Nifty50 gained 0.16 per cent, or 37.60 points, to 22,497.90
FIIs net sold shares worth Rs 485.41 crore, while DIIs net bought shares worth Rs 263.51 crore, on March 10
In the previous session (March 7), Sensex settled at 74,332.58, down 7.51 points or 0.01 per cent. Nifty50, on the other hand, settled 7.80 points or 0.03 per cent higher at 22,552.50
Stock Market Today: As of 6:33 AM, GIFT Nifty Futures were down 75 points at 22,545, hinting at a negative start.
NAPS Global India IPO has received a muted response from investors so far, with the subscription reaching nearly 42 per cent by the end of the second day of subscription, March 5, 2025
In the previous session, equity markets logged their biggest single-day gain in a month, aiding Nifty50 to end its record 10-day losing streak. The Nifty settled at 22,337.30, up 254.65 pts or 1.15%
Stock Markets Today: As of 6:31 AM, GIFT Nifty Futures were down 54 points at 22,137, hinting at a negative start.
The company's shares listed at Rs 187.20 per share on the BSE SME, a discount of Rs 46.80, or 20 per cent, from the issue price of Rs 234 per share
Balaji Phosphates IPO Day 3: Check lot size, price band, latest subscription status, GMP, allotment date, listing date, and other key details here
Once the basis of allotment for Shreenath Paper Products IPO shares is finalised, investors can check their status on the official websites of the BSE or Bigshare Services, the registrar for the IPO
Once the allotment is finalised, investors can check their status on the official websites of the BSE or Bigshare Services, the registrar for the IPO
Stock Market Today: At 6:50 AM, GIFT Nifty Futures were down 148 points at 22,536, hinting at a gap-down start
Beezaasan Explotech IPO Day 3 update: Check latest subscription status, GMP, allotment date, listing date, and other key details here
Once the allotment is finalised, investors can check their status on the official websites of the National Stock Exchange (NSE) or Bigshare Services, the registrar for the IPO
Once the allotment is finalised, investors can check the status on the official websites of BSE or Mas Services, the registrar for the issue
US President Donald Trump, on Monday, confirmed that tariffs on imports from Canada and Mexico will proceed as planned once the monthlong delay ends next week