Six issues closed this week; Barbeque Nation could hit the market next
The listing was muted compared to the oversubscription seen during the IPO
The issue received bids for 10,02,71,821 shares against its offer size of 66,66,342 shares
Move will remove a major bottleneck for start-ups, MSMEs
India said in March it would allow local firms to directly list abroad to better access foreign capital for growth, but the rules have yet to be decided
This will be the first airport company to be listed on the Indian stock exchanges
The IPO of Mindspace Business Parks REIT was subscribed 13 times during July 27-29
The original plan was to evolve into a 20 mtpa company by 2020
The company increased the offering to 77 million class A shares at $25 per share, from 70 million shares, valuing it at $12.75 billion
SWSL is promoted by the Shapoorji Pallonji Group and is the demerged Solar EPC Division of Sterling and Wilson (SWPL).
The company's Rs 1,200 crore initial public offering (IPO), which was opened for subscription between August 5 and 7, was subscribed 1.05 times.
The successful listing follows huge demand for the Microsoft-backed firm's IPO, which was subscribed 87 times.
Over the past one-and-half years, the number of stocks trading below their respective face value has increased 29 per cent
Allowing Indian firms direct listing abroad makes sense