Mukka Proteins lists at 57% premium over IPO price; should you hold or sell for listing gains?

The shares of Mukka Proteins made a strong debut on the exchanges on Thursday, listing at a premium of 57% to the issue price. The stock listed at Rs 44 on the BSE and at Rs 40 on the National Stock Exchange, against its issue price of Rs 28. Ahead of the listing, the company’s … Read more

Retail investors take JG Chemicals IPO past full subscription on Day 1. Check GMP and other details

The initial public offer (IPO) of Zinc Oxide maker JG Chemicals, which opened for subscription earlier today, was fully booked so far on the first day of bidding. The retail portion of the issue was fully subscribed, while NII category followed closely with 93% subscription. There were no bids yet in the QIB category of … Read more

Platinum Industries IPO opens for subscription. Should you apply?

The initial public offer (IPO) of Platinum Industries opened for subscription today. The issue will be available for the public to bid till February 29. Ahead of the IPO, the company has garnered Rs 70.59 crore from anchor investors. Platinum Industries IPO review Analysts advised investors to subscribe to the issue over the company’s strong … Read more

GPT Healthcare IPO fully subscribed on last day. Check GMP and other details

After a slow start for the first two days, the initial public offer (IPO) of GPT Healthcare was fully subscribed on the last day of the bidding process. The overall subscription stood at 2 times with all the categories (retail, NII and QIB) getting fully booked. GPT Healthcare IPO GMP In the unlisted market, the … Read more

IPO: IPO ring to get louder in 2024 with companies looking to raise more than Rs 1 lakh crore

Mumbai: The momentum of India’s primary market is poised to accelerate in 2024 with companies looking to raise more than ₹1 lakh crore through initial public offerings (IPOs), twice the ₹49,434 crore raised in 2023. The average size of such offerings is also expected to more than double to ₹2,000 crore, with several large-sized IPOs … Read more