After a successful IPO, the shares of Owais Metal and Mineral Processing debuted on the NSE SME platform on Monday with a premium of 187.4%. The stock was listed at Rs 250 as against an issue price of Rs 87. Ahead of the debut, the GMP of Owais Metal was robust at Rs 140. The … Read more
Vibhor Steel Tubes IPO received the highest subscription so far at nearly 300 times, driven by strong non-institutional and retail interest. Post the overwhelming response, the company is likely to finalise the share allotment later today. The whole allotment process will be overseen by a registrar and investors will get the shares on a lottery … Read more
The shares of Azad Engineering will debut on the exchanges today. Ahead of the listing, the company’s shares are trading with a premium of Rs 172 in the unlisted market. The company’s shares are likely to list with a premium of 33%. The issue was priced in the range of Rs 499-524. The IPO of … Read more
Muthoot Microfin listing: The shares of Muthoot Microfin will likely get listed on the exchanges on December 26. Ahead of the listing, the company’s shares are commanding a premium of Rs 26 in the unlisted market.Considering the upper price band of Rs 291, the company’s shares are expected to list with a mild premium of … Read more
The share allotment of Azad Engineering IPO is expected to be finalised on December 26. Investors received shares on a lottery basis and the whole process was supervised by the registrar. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. They can check … Read more
