IPO

Bumper debut | Ratnaveer Precision Engineering lists at Rs 128, over 30% premium to IPO price

Ratnaveer Precision Engineering had a stellar debut on the stock exchanges, with a premium of 30.61% over its issue price of Rs 98 per share. The stock started trading at Rs 128 on BSE and Rs 123.20 on NSE on September 11. This strong listing is driven by high registration numbers as well as bullish …

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Concord Biotech stock lists at 21% premium over IPO price; share price hits Rs 900 at open

Concord Biotech, backed by the late Rakesh Jhunjhunwala’s RARE Trusts fund, started trading at 21.46% above its IPO price on Aug. 18, beating analysts’ expectations of 15%. Shares opened the day at Rs 900.05 on the BSE and NSE, compared to a public issue price of Rs 741 per share. Most experts believe that stagnant …

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Primary market action: Four IPO launches, five listings to take place next week

The upcoming truncated week will see a lot of activity in the primary market, as four IPOs will open registration and five new companies will be added to exchanges. Manufacturer of molded polymer products Pyramid Technoplast is the only motherboard IPO company, the auction will start on August 18, with prices ranging from Rs 151-166 …

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SBFC Finance IPO opens tomorrow | 10 things to know before buying shares

Private equity firms Clermont Group and Arpwood Group are backed by non-banking finance firm SBFC Finance, which is more focused on the MSME segment, which will be the first public offering in August 2023. Here are 10 important things to know before applying for a number: 1) IPO date The offer will be open for …

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