Around six new initial public offerings (IPO), including three in mainboard and three small and medium enterprise (SME), are set to hit Dalal Street in the upcoming week.
Unlisted shares of Juniper Hotels Ltd are trading just Rs 2 higher in the grey market, expecting a negligible 0.56 per cent listing gain from the public issue, Juniper Hotels IPO: How To Check Allotment Status? Know Subscription Status, GMP Today
Unlisted shares of Juniper Hotels Ltd are trading Rs 3 higher in the grey market, expecting just 0.83 per cent listing gain from the public issue, Juniper Hotels IPO Closes Today: Check Subscription Status, GMP Today
Juniper Hotels IPO saw a muted show on account of the firm s loss-making status and the asset-heavy business model, which prompted analysts to have mixed views on the IPO. At 1:30 pm, the issue which closes on Friday, was booked 84% so far with retail and QIB portions getting fully subscribed.
The company will finalise the basis of allotment of IPO shares by February 26 and its equity shares will be credited to demat accounts of successful investors by February 27