Mega issue demonstrates strong appetite for quality stocks at fair valuations | Photo Credit: KIM HONG-JI The ₹11,607 crore IPO of LG Electronics India mobilised a whopping response of approximately ₹4.39 lakh crore, positioning it to become the second-largest grossed…
On its debut, the initial public offering (IPO) of WeWork India Management Ltd was off to a cautious start, attracting only 4% subscription on the first trading day. Today saw 11,10,440 shares bid against a total offering of 2,54,89,748…
Dev Accelerator Ltd's initial public offering (IPO) witnessed a strong response, being subscribed 5.33 times on the first day. This marked a significant interest in the firm's offering for flexible office spaces.According to data from the National Stock Exchange,…
JSW Cement, an integral part of the USD 23-billion JSW Group, opened a Rs 3,600-crore IPO to public subscription, gaining 29% on its initial day. The company has set ambitious targets to triple its manufacturing capacity to 60 million…
The initial public offering (IPO) of National Securities Depository Ltd (NSDL) saw a strong reception, with full subscription achieved within mere hours of its debut on Wednesday.The offering, amounting to Rs 4,011 crore, garnered bids for 6,26,08,572 shares compared…
Driven by strong demand from non-institutional investors (NIIs) and retail participants, the Diffusion Engineers IPO was subscribed 15.35 times by the second day of the bidding process. As of around 1 PM, retail investors led the charge, subscribing to the…
Northern Arc Capital IPO, a non-banking financial institution (NBFC), has garnered significant attention from market analysts who recognize its strong demand and profitability in the financial sector. On the cusp of its initial public offering (IPO), the company revealed that…