26 mines in govt’s 9th round of commercial coal mine auction in Top News on December 20: DOMS Industries IPO listing, Share market, Bank Nifty outlook, Kia Sonet facelift bookings open also in focus.
DOMS Industries was commanding a grey market premium (GMP) of Rs 510, a 65 per cent premium over its issue price of Rs 790. India Shelters Finance Ltd was commanding a GMP of Rs 157, a 31.85 per cent premium over the issue price.
Doms Industries IPO: The company intends to raise Rs 1,200 crore via maiden public issue which consists of a fresh issuance of shares worth Rs 350 crore, and an offer-for-sale of Rs 850 crore worth shares by the promoters.
At 11:06 a.m., the public issue was subscribed 1.09 times. The retail category was subscribed 4.08 times, while the NII portion garnered 1.18 times bids. There were no bids from qualified institutional buyers so far.