Valiant Laboratories IPO: The firm is planning to raise Rs 152.46 crore via initial public offering, at the upper price band. The offer consists of only a fresh issue of 1.09 crore equity shares by the company.
Shares of the company were listed at ₹1,179 on the BSE, a 14% premium to its offer price of ₹1,035. They closed the day at ₹1,196.6, after trading in a range of ₹1,137.6-1,212.8.
Wall Street s main indexes opened lower on Tuesday ahead of the Federal Reserve s policy meeting, with investors awaiting grocery delivery app Instacart s Nasdaq debut to assess a potential recovery in the IPO market.