Listing is expected at around Rs 320 to 330 per share, resulting in a listing gain of around 25 per cent, says expert
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Notably, Thapar will make 293 times returns on the upper price band of Rs 1,008. Her weighted cost of acquisition of the Emcure shares is around Rs 3.44 with a total investment of Rs 2.18 crore
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During its subscription phase, Vraj Iron IPO receives 174 times subscription from Qualified Institutions, whereas overall issue fills 126.36 times
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Biggest gainers are HDFC Bank, Britannia, HDFC Life, Tata Consumer, and Kotak Bank
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Nifty IT stands out as the top performer, rising over 1 per cent during the session. In contrast, Nifty Healthcare and Nifty Auto sectors close in the red
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Kotak Mahindra International and K India Opportunities Fund unequivocally state that Hindenburg has never been a client of the firm nor has it ever been an investor in the fund
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Sebi is screening Kotak Bank’s role in Adani shares short selling, alleges Hindenburg
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Larsen and Toubro awards the order for the manufacture and supply of electronic modules
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Sebi recommends that fees levied by MIIs, such as depositories, clearing companies, and stock exchanges should be uniform and unrelated to trade volume
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The IPO is a mix of fresh issue of shares of up to Rs 200 crore and an offer-of-sale of up to 4.45 million shares
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