SEBI introduced varying lock-in periods for different categories of existing shareholders when a company is listed on the stock exchanges through the IPO route. These lock-in provisions are designed to prevent an immediate decline in stock prices following the listing. As an example, 50% of the allocation to anchor investors now has a lock-in period …
Zaggle Prepaid Ocean Services Limited is engaged in the business of providing fintech solutions to manage corporate business expenses through automated and innovative workflows. The stock debuted at a discount, opening at Rs 162 per share on the BSE. On the NSE, the stock opened at Rs 164, marking a flat opening from its initial …
Meson Valves India Limited, a prominent supplier of valves, actuators, strainers, and remote-control valve systems to industries in both domestic and international markets, made its debut with a stellar premium of 90%, reaching Rs 194 per share on the BSE. What’s more, it hit the upper circuit after listing, and currently, there are no sellers …
EMS Limited, engaged in the business of providing water and wastewater collection, treatment, and disposal services, debuted with a 33% premium, at Rs 281.55 per share on the BSE. On the NSE, the stock opened at Rs 282, marking a 34% increase from its initial public offering price of Rs 211 per share. As of …
RR Kabel Limited is involved in the manufacturing, marketing, and sale of wires and cable products under the ‘RR Kabel brand and fans and lights under the ‘Luminous Fans and Lights brand, debuted with a 14% premium, trading at Rs 1179 per share on the BSE. On the NSE, the stock opened at Rs 1180, …
Jupiter Life Line Hospitals Limited serves as a multi-speciality tertiary and quaternary healthcare provider in the Mumbai Metropolitan Area (MMR) and the western region of India, listed with a premium of 32% at Rs 960 per share on BSE. On the NSE, the stock debuted at Rs 973, indicating an increase of 32% compared to …
In a positive market landscape, Canara Bank Ltd, a stalwart in the PSU banking sector, has demonstrated remarkable strength, surging more than 7.5% in the current week. The bank is now poised for a breakout from a continuation price pattern, with its stock on the cusp of closing above the breakout trendline level. Canara Bank …
Greaves Electric Mobility Private Limited (GEMPL), a subsidiary of Greaves Cotton Limited (GCL), is a prominent player in India’s Electric Vehicle (EV) technology sector. Over the past 13 years, GEMPL has designed and manufactured electric vehicles, establishing a solid presence in the electric 2-wheeler and 3-wheeler markets. The ‘Ampere’ brand, within the electric 2-wheeler segment, …
The wire and cables manufacturing company RR Kabel commenced its initial public offering (IPO) on September 13 within a price range of Rs 983 to Rs 1,035 and is scheduled to conclude on September 15. This IPO comprises a total offer worth Rs 1,964 crore, out of which Rs 180 crore is fresh issue and …
Ratnaveer Precision Engineering Limited, a prominent player engaged in the production of stainless-steel finished sheets, washers, solar roofing hooks, pipes, and tubes, is listed with a premium of 31% at Rs 128 per share on BSE. On the NSE, the stock debuted at Rs 123.20, indicating an increase of 26% compared to its initial public …
