Indegene IPO booked over 4x so far on Day 2. Check subscription, GMP and other details
Indegene\’s IPO oversubscribed 4 times on the second day, led by non-institutional investors; QIB portion least subscribed.
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Indegene\’s IPO oversubscribed 4 times on the second day, led by non-institutional investors; QIB portion least subscribed.
The company received a capital markets regulator nod in August last year. The IPO comprises fresh equity issue worth up to Rs 750 crore and offer for sale (OFS) of up to 2.93 crore equity shares by existing investors.
JNK India IPO GMP, Price Band: JNK India IPO to open for Rs 650 crore with fresh equity and offer for sale. Reserved quotas. Anand Rathi advises subscription. Market cap post issue, price band set. Proceeds for working capital.
Greenhitech Ventures share price: Greenhitech Ventures debuts with a 90% premium on BSE SME at Rs 90 from Rs 45, trading petroleum-based products like biofuels and bitumen. The company also operates ethanol plants in distilleries, offering business solutions in the market.
By Echo Wang and Abigail Summerville
Faalcon Concepts SME IPO on BSE opens today aiming to raise Rs 12 crore. Shares priced at Rs 62 each. Revenue: Rs 12.46 crore; Net Profit: Rs 1.31 crore. Proceeds for capex and working capital.
The IPO, which was completely a fresh equity issue of 12.6 lakh shares, received massive response from investors with a subscription of over 700 times at close.
The net proceeds from the public offer of Ramdevbaba Solvent will be used to set up a manufacturing facility, for repayment of debt, funding working capital requirements and other general corporate purposes. Grill Splendour Services\’ public offer was subscribed 8 times so far
The IPO, which was completely a fresh equity issue of 12.6 lakh shares, received massive response from investors with a subscription of over 700 times at close.
The issue closes on April 25 and the anchor investors\’ allocation will be done on April 22. Investors can bid for a minimum of 36 shares in one lot and in multiples thereafter.
The net proceeds from the public offer of Ramdevbaba Solvent will be used to set up a manufacturing facility, for repayment of debt, funding working capital requirements and other general corporate purposes. Grill Splendour Services\’ public offer was subscribed 8 times so far
Morgan Stanley (MS) has reported robust first-quarter results for 2024, marking a significant surge in its wealth management business. The firm announced $15 billion in revenue, alongside an earnings per share (EPS) of $2.02 and a return on tangible equity of 20%. The company\’s wealth management division recorded record revenues and net new assets totaling $95 billion.
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