26 mines in govt’s 9th round of commercial coal mine auction in Top News on December 20: DOMS Industries IPO listing, Share market, Bank Nifty outlook, Kia Sonet facelift bookings open also in focus.
DOMS Industries was commanding a grey market premium (GMP) of Rs 510, a 65 per cent premium over its issue price of Rs 790. India Shelters Finance Ltd was commanding a GMP of Rs 157, a 31.85 per cent premium over the issue price.
The second largest domestic player in the branded ‘stationery and art’ products market had received a strong response from investors during it IPO bidding process, with the issue getting subscribed a solid 99.34 times.