Gopal Snacks IPO opens; Here’s all you need to know about Rs 650 crore issue
Gopal Sancks IPO opened its subscription to retail investors on March 06. The company has set the price band in the Rs 381-401 range at a face value of Rs 10 per share. The company will be raising Rs 650 crore. The issue will close on March 11.
The company was fetching a premium of 16.21% in the grey market ahead of allotment and listing. A grey market is an unofficial market where shares exchange hands in an illegal way.
The allotment of the shares is expected to be on March 12 and the refund to be initiated from March 13. The tentative listing date is March 14.
Hero Motors files DRHP to raise Rs 900 crore through IPO Ceigall India IPO listing today: Muted debut on NSE, lists at 5% premium; Read to know more OLA Electric IPO closes today; Check…
State election outcome fuels optimism for a new bull phase in the market
Dalal Street edged higher on Friday as the NSE Nifty 50 soared 0.78% to hit a fresh high of 20,291.55 during intra-day trade and subsequently settled at a record high of 20,267.90, up 134.75 or 0.67, while the BSE Sensex added as much as 492.75 points to settle at 67,481.19. On a weekly basis, the Nifty soared by 2.41%, mirroring the BSE Sensex, which also recorded a substantial surge of 1,511.15 points or 2.29% gain last week.
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“The buoyancy of the global markets, especially the US, has played a critical role in the recent up move and we expect the same to continue. We are eyeing the 20,500-20,750 zone in the Nifty and expect the inde…
Stocks to watch- Wipro, ICICI Bank, Kotak Mahindra Bank, Tata Elxsi
Stocks in Focus: GIFT Nifty traded down marginally 18 points, or 0.09%, at 19,793.50, indicating a tepid opening for domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. Previously on Tuesday, NSE Nifty 50 gained 0.40% to settle at 19,811.50, while BSE Sensex added 261.16 or 0.39% to 66,428.09.
“Markets snapped a 3-day losing streak on broad-based buying even as participants remained worried about rising tensions in the Middle East. All eyes will be on Federal Reserve Chair Jerome Powell who is also scheduled to speak on Thursday (October 19) for further insights into the central bank’s next steps and guidance on US interest rate policies. Technically, while the market will waver and trade choppy, the biggest support for Nifty is placed a…
Stanley Lifestyles IPO to DEE Piping Systems IPO; 9 IPOs to open and 1 listings on D-street; Here is all you need to know
After a subdued period owing to the Lok Sabha elections, the primary market is gearing up for a significant revival. The upcoming week is poised to be busy with the opening of nine new initial public offerings (IPOs) and the debut of one new listing.
This resurgence follows a week marked by the successful IPO of Ixigo, which raised over ₹740.10 crore at the upper price band. The offering saw a robust response from investors, signaling renewed investor interest and market optimism.
Here are the IPOs which will open for subscription this week –
DEE Piping Systems IPO
DEE Piping Systems is set to open its initial public offering (IPO) for subscription from June 19, 2024, to June 21, 2024. The IPO is a book-built issue totaling Rs 418.…