After a record subscription, Mazagon looks set to break defence IPO jinx

NEW DELHI: At 157.41 times subscription, Mazagon Dock Shipbuilders attracted the highest ever interest amongst all PSUs that have hit the primary market. It beat IRCTC, whose initial public offer (IPO) last year, drew 109.75 times subscription. With a strong grey market premium, the ‘Miniratna’ company now looks set to …

Read moreAfter a record subscription, Mazagon looks set to break defence IPO jinx

Grey market turns choosy, sends out mixed signals for UTI, Mazagon, Likhitha Infra IPOs

This is going to be a busy week for the IPO mart, as three new issues hit the market. UTI Asset Management company (AMC), Mazagon Dock Shipbuilders and Likhitha Infrastructure would be open for subscription between September 29 and October 1. The recent robust listings and solid subscription levels have …

Read moreGrey market turns choosy, sends out mixed signals for UTI, Mazagon, Likhitha Infra IPOs

3 IPOs, 2 listings: What to look forward to in the busy week for primary market

MUMBAI: Past few days have been a busy time for the IPO mart, with a number of issues hitting the market, as companies seek to ride the buoyant stock market. However, last week’s stocks selloff may have a bearing on listings and IPO subscription levels going forward, analysts warn. The …

Read more3 IPOs, 2 listings: What to look forward to in the busy week for primary market

IPO investors, beware! Grey market shows strong quality bias from here on

Mumbai: After a week of volatile market swings, the IPO mart may be staring at uncertainty after tasting solid success over the past three weeks. Grey market behaviour of unlisted shares suggests investors are suddenly turning cautious after the shock selloff that the broader market saw last week. Grey market …

Read moreIPO investors, beware! Grey market shows strong quality bias from here on

Greed gives in to fear in IPO mart as selloff intensifies on Dalal Street

Legendary investor Warren Buffett always tells his followers to be “fearful when others are greedy, and greedy when others are fearful.” Indian primary market investors are repeatedly turning to these words of wisdom, as one after another initial public offering (IPO) has been witnessing eye-popping subscriptions and blockbuster debuts even …

Read moreGreed gives in to fear in IPO mart as selloff intensifies on Dalal Street

Chemcon IPO fully subscribed within 2 hours; retain quota sees 3 times bids

NEW DELHI: The initial public offering (IPO) of Chemcon Speciality Chemicals was subscribed 1.58 times on Monday as of 12.04 pm. Out of 65,59,173 shares on offer, the issue had received applications for 1,03,88,356 shares. The retail quota saw huge applications and was fully subscribed within 45 minutes of opening …

Read moreChemcon IPO fully subscribed within 2 hours; retain quota sees 3 times bids

Chemcon IPO subscribed 78% within 45 mins; retail quota attracts 1.55 times bids

The initial public offering (IPO) of Chemcon Speciality Chemicals, which serves pharma and oil well industries, was subscribed 0.78 times on Monday as of 10.45 am. The retail quota saw huge applications and was fully subscribed withing 45 minutes of the bidding process. Out of 65,59,173 shares on offer, the …

Read moreChemcon IPO subscribed 78% within 45 mins; retail quota attracts 1.55 times bids

Chemcon Speciality Chemicals IPO opens: What do the brokerages say

NEW DELHI: The Rs 318 crore initial public offer (IPO) of Chemcon Speciality Chemicals, which serves pharma and oil well industries, opened for subscription on Monday. The Vadodara-based company is offering a fresh issue of equity shares, aggregating up to Rs 165 crore and offer for sale of up to …

Read moreChemcon Speciality Chemicals IPO opens: What do the brokerages say