The lock-in period of Global Surfaces, Sai Silks (Kalamandir), JSW Infrastructure, Platinum Industries and Exicom Telesystems opened on Monday with the stocks of all five companies ending the session in green
Bharat Highways Invit, RK Swamy, JG Chemicals, Gopal Snacks, Popular Vehicles & Services and Krystal Integrated Services are some of the counters where the one-month lock-ins get lited in April, as per a study by Nuvama Institutional Equities.
IPOs in FY24: 75 issues launched; 5 stocks including IREDA, Netweb soared over 150% since listing livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.
Fiscal 2024 showcased a vibrant IPO market with 75 companies hitting the Street, including Tata Technologies and IREDA. Strong performances marked the year from the likes of Signature Global and Netweb Technologies. Analysts expect robustness in IPO market to continue.
EPack Durables reported a net profit of Rs 4.9 crore for the December quarter. The company s turnaround is credited to the investments made in FY21 and FY22. EPack Durables plans to retire long-term debts using IPO proceeds and expects pent-up demand in the upcoming season. MD & CEO Ajay Singhania speaks about the Q3 performance, company s falling debts, IPO proceeds and stock s performance,