Bansal Wire IPO witnessed an increased subscription from investors on the second day of bidding Bansal Wire IPO price band has been set at ₹243 to ₹256 per share. The minimum lot size for an application is 58 Shares. The minimum amount of investment required by retail investors is ₹14,848. Bansal Wire IPO offers 2,91,01,562 …
Today, on the second day of the bidding process, Emcure Pharmaceuticals Limited IPO was subscribed 4.98 times. The retail portion was subscribed to 3.50x, 0.97x in Qualified Institutional Buyers (QIB), 13.95x in Non-Institutional Investors (NII), and 4.84x in the employees category. On the first day, the IPO saw an overall subscription of 1.34 times. The …
Introduction The National Stock Exchange of India Ltd. (NSE) has announced a significant regulatory change aimed at standardizing the price discovery mechanism for Initial Public Offers (IPOs) on the SME platform. This article delves into the details of this new measure, its implications, both positive and negative, and the reasons behind its implementation. The New …
The stainless steel wire manufacturer Bansal Wire Industries Limited has opened its IPO to raise money from the general public. Bansal Wire IPO opened for subscription on July 3, 2024, and will close on July 5, 2024. Bansal Wire IPO is a book-built issue of ₹745.00 crores. The issue is entirely a fresh issue of …
On the first day of the bidding process, Emcure Pharmaceuticals Limited IPO was subscribed 1.32 times. The retail portion was subscribed to 1.41x, 0.07x in Qualified Institutional Buyers (QIB), 2.76x in Non-Institutional Investors (NII), and 2.25x in the employees category. The IPO opened today, July 3, 2024, and will close on July 5, 2024. The …
Vraj Iron and Steel Limited specializes in the production of Sponge Iron, M.S. Billets, and TMT bars marketed under the Vraj brand, debuted on the Indian stock market today. The stock of Vraj Iron and Steel Limited settled at Rs 240 per share on the BSE, representing an impressive 15.94% premium over the final issue …
Anchor Investors Inject Rs 582 Crore Emcure Pharmaceuticals Ltd. has successfully raised Rs 582 crore from anchor investors ahead of its much-anticipated initial public offering (IPO). The company allocated 57.79 lakh shares at Rs 1,008 each to 48 anchor investors. Among these, the ICICI Prudential Pharma Healthcare and Diagnostics Fund received the largest allocation at …
Namita Thapar is set to earn good returns from Emcure Pharmaceuticals’ upcoming IPO. According to the company’s red herring prospectus, Thapar will earn a 293-fold return on her initial investment by partially offloading her stake. Return on Investment At the upper end of the price band, Thapar will see her investment multiply 293 times. The …
Established in 2008, Allied Blenders and Distillers is an international liquor company that manufactures its products in India. Four international alcoholic beverages made in India, including vodka, rum, brandy, and whiskey, are available from the company. Moreover, they offer drinking water in packs that bear the Officer’s Choice, Sterling Reserve, and Officer’s Choice Blue labels. …
Allied Blenders and Distillers is a company based in India that specializes in Indian-made foreign liquor, debuted on the Indian stock market today. The stock of Allied Blenders and Distillers settled at Rs 315.05 per share on the BSE, representing an impressive 12.12% premium over the final issue price of Rs 281 per share. Additionally, …
