Mazagon Dock Shipbuilders IPO: Issue to open on September 29; price band fixed

NEW DELHI: Mazagon Dock Shipbuilders on Thursday said its initial public offering (IPO) will open for subscription on September 29, and the price band for the same has been fixed at Rs 135-145 per equity share. The issue will close on October 1. The company will offer up to 3,05,99,017 …

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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

Market Movers: IPOs hog limelight, telcos bleed; 315 stocks hit lower circuit

MUMBAI: In a session that saw Nifty forming a bearish candle with a long wick, similar to the one made in the previous session, telecom companies tumbled the most on Wednesday and benchmark equity indices fell for the fifth straight day. Even as Nifty looked oversold, analysts ruled out any …

Read moreMarket Movers: IPOs hog limelight, telcos bleed; 315 stocks hit lower circuit

Chemcon Specialty Chemicals IPO subscribed 17 times; grey market premium rises to 88%

NEW DELHI: The initial public offering (IPO) of Chemcon Speciality Chemicals was subscribed 17.26 times on Day 3 of the bidding process so far. As of 11.30 am, the issue had received applications for 11,31,79,440 shares against 65,59,173 shares on offer. The retail investors were the leading group applying for …

Read moreChemcon Specialty Chemicals IPO subscribed 17 times; grey market premium rises to 88%

Chemcon Speciality IPO retail portion oversubscribed by 15 times

NEW DELHI: The initial public offer (IPO) of Chemcon Speciality Chemicals got subscribed 6.59 times on the second day of the offer till 11 am. The company’s initial share sale received bids for 4,31,92,952 shares so far against the issue size of 65,59,173 shares. Among the investors’ category, non-institutional investors …

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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