BSE IPO

(Reuters) - Asia Index Pvt Ltd said on Friday Adani Wilmar Ltd will be dropped from the S&P BSE IPO index.

In the past three months, the IPO index has tanked 31 per cent as against 5 per cent decline in the S&P BSE Sensex

Latent View Analytics, Go Fashion, Chemplast Sanmar, Macrotech Developers (Lodha), CMS Info Systems, Sona BLW Precision Forgings and Devyani International slipped between 8% and 10%.

FSN E-Commerce Ventures (Nykaa), PB Fintech, the parent company of Policybazaar, Tega Industries, Tarsons Products and Aditya Birla AMC were among 11 stocks from the BSE IPO index hit new lows.

Primary issue will be of Rs 5,000 crore, which the company will raise via public issue; OFS by existing investors will be Rs 2,460 crore

A total of six stocks -- Angel Broking, CAMS, Gland Pharma, Happiest Minds Technologies, Laxmi Organic and Macrotech Developers -- have hit their respective new highs since listin

The IPO received bids for 12,80,04,066 shares against the total issue size of 1,07,99,039 shares

The IPO, which closes tomorrow, received bids for 1,08,89,568 shares against the total issue size of 1,07,99,039 shares

The retail portion of the issue was subscribed 86%

Retail portion subscribed 86%, HNI, institutional portion subscribed 12% and 16%, respectively

Here is a quick compilation of what the leading research houses and brokerages across the country suggest

Midas Touch Investors Assn writes to Sebi, merchant bankers; BSE says all requirements complied with

The much-awaited public offer of BSE will see sale of 29,955,434 shares by the existing shareholders

Reports have suggested Rs 400-650 as possible IPO price, depending on various parameters