Primary market: Mainboard segment to be quiet next week, but action continues in SMEs
Two new public issues will hit Dalal Street in the SME space next week, while there would be one listing.
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Two new public issues will hit Dalal Street in the SME space next week, while there would be one listing.
The Kross IPO is mix of a fresh issuance of shares worth Rs 250 crore by the company, and an offer-for-sale (OFS) of shares worth Rs 250 crore by promoters.
Flair Writing Industries shares opened with 64.8 percent gains at Rs 501 on the National Stock Exchange, which was double the analysts’ expectations as well as grey market premium
Deepak Chemtex and AMIC Forging IPOs closed on December 1 while Marinetrans India and Graphisads will close on December 5
Flair Writing Industries stock opened at Rs 501 on the NSE and Rs 503 on the BSE against the IPO price of Rs 304
Flair Writing Industries IPO | Citing the grey market price and the above reasons, Rajan Shinde, research analyst at Mehta Equities believes the healthy listing is justified
Fedbank Financial Services sees weakest performance amongst IPOs listed in mainboard segment in the current week
The stock opened at Rs 1,200 on the National Stock Exchange, higher by 140 percent over the issue price of Rs 500 per share and touched a record high of Rs 1,400 in initial trade
Gandhar Oil Refinery India: This was the sixth biggest gainer among the companies listed (after IPOs) so far in 2023
Tata Technologies and Gandhar Oil Refinery stocks made a bumper debut while Fedbank Financial Services stock opened at a discount on November 30