Six SME companies are set to raise funds in the last week of 2023, and the stocks of 10 companies are set to list on the exchanges. Analysts anticipate that a few of these companies might experience a robust opening, fueled by the substantial interest they garnered during the subscription phase.
Brevard buyers faced high mortgage rates with 30-year fixed rates between 7.5 to 8%. Brevard’s real estate market slowed in November, even though there was a year-over-year increase in closed single-family home sales by over 18.5%, and townhouse and condo sales by 6.2%.
Motisons Jewellers is the most buzzed of the lot, commanding a premium of Rs 76 in the unlisted market against an issue price of Rs 55. The issue, which closed on Wednesday, was subscribed by a massive 159 times at the end, led by non-institutional and retail investors. The share allotment for the public offer is expected later in the evening today.