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The Rs 453-crore issue received bids for 98,75,790 shares against 49,99,609 shares on offer, as per NSE data
The firm is a leading manufacturer of acetyl intermediates and specialty intermediates
The calendar year 2021 has been a busy one for the primary markets with 17 mainboard issues already having hit the Street
Barbeque Nation IPO: The promoters hold 60.24 per cent stake, CX Partners owns 33.79 per cent and Rakesh Jhunjhunwala's investment firm Alchemy Capital holds 2.05 per cent in the company
Poor showing by Anupam Rasayan and Easy Trip hurts grey market premia of those in queue
The price band for the IPO is set at Rs 498 to Rs 500 per share
The stimulus unleashed by central banks globally in response to the Covid-19 pandemic also has driven flows from foreign investors into many emerging market shares, particularly India
The company will issue fresh equity worth Rs 180 crore in the maiden offering
Casual dining chain Barbeque Nation Hospitality on Monday fixed a price band of Rs 498-500 per share for its initial share sale, which will open for public subscription on March 24
Six issues closed this week; Barbeque Nation could hit the market next
Shares of Antony Waste, Mrs Bectors Food, Chemcon Speciality and Burger King are down about 40 per cent each
The initial public offer of Suryoday Small Finance Bank was subscribed 2.37 times on the last day of subscription on Friday
The firm may come out with its initial share sale next week
Analysts said Kalyan's weak performance in the previous three financial years coupled with slowdown in the economy weighed on investor sentiment
This year is set to be the third consecutive year when India's share of initial public offers (IPOs) has fallen relative to the rest of the world
Market analysts said that HNIs invested in the Kalyan IPO keeping in mind long term gains, as opposed to listing gains
The IPO of Suryoday Small Finance Bank was fully subscribed on the second day of subscription
Unprecedented rush due to excess liquidity; all IPOs getting oversubscribed multiple times over, say experts
The size of the initial share sale is Rs 510 crore
Easy Trip Planners of easemytrip.com fame to launch Rs 510-crore IPO on Monday