eMudhra IPO gets 48% subscription on first day of offer

eMudhra IPO gets 48% subscription on first day of offer

The initial public offering of digital signature certificate provider eMudhra received 48 per cent subscription on the first day on Friday. The IPO (Initial Public Offering) received bids for 55,06,172 shares against 1,13,64,784 shares on offer, as per NSE data. The issue reserved for retail individual investors got subscribed 94 per cent, while non-institutional investors [...]
Ethos IPO gets fully subscribed on last day of offer

Ethos IPO gets fully subscribed on last day of offer

The initial public offer of luxury and premium watch retail player Ethos got fully subscribed on the last day of subscription on Friday. According to NSE data, the Rs 472.3 crore IPO received bids for 41,38,650 shares against 39,79,957 shares on offer, translating into 1.04 times subscription. The portion for non-institutional investors received 1.48 times [...]
Ethos IPO gets fully subscribed on last day of offer

Luxury watch player Ethos IPO gets 44% subscription on second day

Luxury and premium watch retail player Ethos' initial public offer got subscribed 44 per cent on the second day of subscription on Thursday. The Initial Public Offer (IPO) got bids for 17,61,557 shares against 39,79,957 shares on offer, as per NSE data. The quota for Retail Individual Investors (RIIs) got subscribed 68 per cent, non-institutional [...]
Paradeep Phosphates IPO subscribed 1.75 times on last day of subscription

Paradeep Phosphates IPO subscribed 1.75 times on last day of subscription

The initial public offer of Paradeep Phosphates was subscribed 1.75 times on the last day of subscription on Thursday. The IPO received bids for 47,02,00,150 shares against 26,86,76,858 shares on offer, according to NSE data. The portion meant for qualified institutional buyers got subscribed 3.01 times, retail individual investors 1.37 times and non institutional investors [...]
Weak LIC listing due to volatile markets; investors should hold on to stock for long term: DIPAM Sec

Weak LIC listing due to volatile markets; investors should hold on to stock for long term: DIPAM Sec

Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey on Tuesday said the weak debut of the country's largest insurer LIC on the bourses was due to unpredictable market conditions and suggested investors to hold on to the stock for long-term value. LIC on Tuesday listed its shares at a discount of [...]