While analysts remain mixed on how the government's largest-ever IPO would perform on Dalal Street, they expect the issue to sail through as the markets have staged strong recovery from March lows.
Vedant Fashions will open for subscription on February 4. From IPO price to Vedant Fashions IPO GMP, here's all you need to know
Calendar year 2021 (CY21) was one of the most remarkable years for the primary markets where nearly Rs 1.2 trillion was mopped up till early December by 66 companies
The initial public offer of the company received a whopping 101.91 times subscription
Around two-thirds of overall IPO clients have been onboarded from three states - Gujarat, Rajasthan and Maharashtra
Exxaro Tiles is engaged in manufacturing and marketing vitrified tiles that are used mainly for flooring solutions
The initial public offer (IPO) of KDL got a strong response from the investors as the issue got subscribed 64.38 times
Data analytics services provider has filed preliminary papers with capital markets regulator.
The consensus earnings for the current fiscal (FY22) are projected to grow by an outsized 35-40 per cent on the back of a relatively weak earnings profile in the previous year, he said
Given the subscription levels of some of the recent IPOs, analysts have started to be cautious and suggest investors do not subscribe to every IPO that hits the Street
At the upper end of the price band, Devyani is offered at 9.5x market capitalisation/sales as per FY21 financial statement, compared to peers like Jubilant Foodworks (15x), Westlife Development (8.8x)
According to Ajit Mishra, VP - Research at Religare Broking, the subscription ratio gives an idea about what investors think about an IPO and one can look at it before subscribing to the issue
Booming markets have left industry swamped with work at a time when many employees have been sickened by the virus.
A day earlier, the company allotted shares worth Rs 740 crore to anchor investors
A decisive close above 2,000 mark on Nifty PSU index may open doors for 2,200 levels going ahead
The country has realised the potential of start-ups that have disrupted traditional businesses (or ways of doing business) and have garnered large market share, across segments
Digital IT services company, promoted by former MindTree chairman, works in cloud services, SaaS, analytics.
The company said the issue was subscribed by both domestic as well as foreign investors
A plan to infuse capital in YES Bank where it continues to function as a separate entity just like LIC investing in IDBI Bank, would be a big positive for all the concerned stakeholders, analysts say
Price band of the offer has been fixed at Rs 177-178