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nazara technologies ipo gmp | laxmi organic ipo gmp: Grey market premia of Nazara, Anupam, Laxmi decline sharply
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Nazara Technologies IPO: Nazara Technologies IPO: आज खुल रहा है झुनझुनवाला के निवेश वाली कंपनी का आईपीओ, बंपर कमाई का मौका - nazara technologies ipo opens today know everything about it
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इजी माय ट्रिप आईपीओ ग्रे मार्केट प्रीमियम: आईपीओ से पहले ग्रे मार्केट में इजी माय ट्रिप का धमाल, प्रीमियम 90% पहुंचा
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
NEW DELHI: As the bears tighten their grip on the broader market, Dalal Street is warming up for another primary offering; that of Heranba Industries.
The grey market has given a thumbs up to the issue, with the premium in the unofficial market surging to Rs 200-210, which translates into one-third, or 33 per cent, of the IPO price band at Rs 626-627.
The primary market has remained jubilant in the past few months, as new-age investors are lapping up almost every issue, trying to make a quick buck. And the grey market has been celebrating the same.
Heranba Industries, a Gujarat-based crop protection chemicals manufacturer, is likely to sweep up Rs 625 crore via its initial public offering. The IPO will open for subscription on Tuesday, February 23, and close on Thursday, February 25.
NEW DELHI: After a brief pause, the domestic primary market is back in action with a couple of issues lined up for the coming week. Investors are keenly waiting for the new debutants, and the grey market too has joined the party.
The premium on the unlisted shares of RailTel has surged to Rs 44-47 in the grey market, the unofficial market for trading in unlisted shares. This translates into a 50 per cent bump up on the IPO price of Rs 93-94 per share.
The Rs 819-crore initial public offering opens on Tuesday, February 16, through which the government will sell a 27.16 per cent stake. The bidding process closes on Thursday, February 18.