Bumper debut for Net Avenue Technologies, lists at 133% premium over IPO price on NSE SME
Net Avenue Technologies stock opened at Rs 42 against the issue price of Rs 18 on the NSE SME platform….
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Net Avenue Technologies stock opened at Rs 42 against the issue price of Rs 18 on the NSE SME platform….
Marinetrans India stock opened at Rs 30 against the issue price of Rs 26 on the NSE SME platform
India Shelter IPO | The initial public offering consists of a fresh issuance of shares worth Rs 800 crore by the company, and an offer-for-sale (OFS) of Rs 400 crore worth shares by the existing shareholders.
At least two new IPOs will open for subscription. The US Fed, Bank of England and ECB will decide on interest rates separately.
The primary market would see 4 initial public offering hitting the primary markets i.e 2 main board IPO and 2 SME IPO. According to an EY report, India has emerged as the global leader in the number of IPOs year-to-date in 2023. The third quarter of 2023 saw a staggering 21 IPOs in the Indian main market, compared to just four in the same quarter of 2022.
Accent Microcell IPO | Investors have bought 16.11 crore equity shares, against the offer size of 56 lakh equity shares
Suraj Estate Developers IPO | The public offer comprises only a fresh issue of shares worth Rs 400 crore by the company and there is no offer-for-sale component.
Prashant Rao expects the industrial, healthcare, consumer discretionary, defence and allied sectors to do well in the next couple of years
Doms Industries IPO | The IPO is a mix of a fresh issuance of shares worth Rs 350 crore by the company, and an offer-for-sale (OFS) of Rs 850 crore worth of shares by existing shareholders.
Sources also told Moneycontrol that the coming two weeks are likely to see a flood of public issues with a target to raise Rs 10,000-12,000 crore.