Read more about High valuation vs growth prospects: Should you bid for Anupam Rasayan IPO? on Business Standard. While most analysts have assigned a Subscribe rating to the IPO, they have also flagged valuations concerns
RailTel Corporation debuts at 16% premium over issue price of Rs 94 business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Shares of
RailTel Corporation of India were commanding a premium of Rs 15-17 per unit in the unlisted market ahead of their debut on exchanges on Friday, February 26, implying listing gains of 16-18 per cent over the issue price of Rs 94 per share. But a correction in the secondary market has dented the listing pop by nearly 50 per cent for RailTel shares as they were trading at Rs 109-112 apiece in the unlisted market from Rs 122 earlier, said grey market watcher Manan Doshi, co-founder of Unlistedarena.com. Keshav Lahoti, equity research analyst at Angel Broking too shares the view and sees a small premium listing for RailTel of around 15 per cent.
Heranba IPO: Heranba Industries IPO kicks off: Here is how 7 brokerages view the issue 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.