The award status of Ms. Bectors Food’s 540 million rupee initial public offering (IPO) is likely to be announced on Tuesday. The issuance, which ran between December 15 and December 17, was the most successful IPO of 2020 so far, having received 198 times the subscription as investors expect solid …
Read More »Share Market Today LIVE | Sensex, Nifty, BSE, NSE, Stock Prices, Stock Market News Updates Dec 21
The broader markets were trading at a loss while India VIX rose. Share market news today | Sensex, Nifty, stock prices LIVE: National benchmarks opened in the red Monday morning following negative global signals. S&P BSE Sensex was down more than 150 points at the open and losses were seen …
Read More »Ms. Bectors Ends Her Initial Public Offering with 199 Times Subscription; highest in 2020
Mumbai: Mrs Bectors Food Specialties Ltd, a premium bakery and biscuit company in North India, became the most successful initial public offering (IPO) of 2020, attracting offers for almost 199.41 times the number of shares on offer, they showed the stock market data. Ms Bector’s underwriting figures outperformed Mazagon Dock …
Read More »Ms. Bectors IPO was subscribed 197 times on the last day of bidding; gray market premium soars even higher
Ms. Bectors IPO oversubscribed by all categories. Ms Bectors Food Specialties’ IPO was underwritten 197.36 times by investors at the time of Thursday’s closing bell. The three-day bidding process came to an end and all categories of investors oversubscribed their share of the issue. Non-institutional investors showed the most interest …
Read More »Burger King India doubles up on stellar market debut. Should you stay still?
Burger King India (BKIL) stock made a strong debut on the exchanges on Monday, and the Quick Service Restaurant (QSR) stock almost doubled against its issue price. The stock is trading at Rs 115.35, a premium of 92 percent against its issue price of Rs 60 on the BSE. The …
Read More »Burger King IPO Trading Day Strategy: Sell After Trading Profit or Hold for More Profit?
A reasonably strong brand has generated strong demand for Burger King’s IPO Burger King India’s initial public offering (IPO) of Rs 810-crore became the second most underwritten issue in this fiscal year so far. The fast-service chain company subscribed 156.65 times at the close of the public offering, receiving offers …
Read More »Burger King India IPO Draws Massive Interest, Subscribed 157 Times
Mumbai: The initial public offering of Burger King India, a quick-service restaurant chain, witnessed a lot of interest from investors across all categories, reaching a subscription of more than 157.16 times as of 5pm on Friday, the last day of bidding. This makes it the second most successful IPO of …
Read More »Fosun-owned Gland Pharma IPO price band is ₹ 1,490-1,500, offering opens Nov 9
NEW DELHI: Gland Pharma Ltd has set the price band for its initial public offering at ₹1,490-1,500 per share. The issue opens on November 9. The company plans to lift up to ₹Rs 1,250 crore by issuing new shares and allowing its China-based promoter Fosun Pharma Industrial Pte Ltd and …
Read More »How the stagnation with China has affected Indian startups
NEW DELHI: There are rarely two words in an obscure document like IPO prospectus raised as many eyebrows as the use of “significant influence” by Group of ants did recently. A part of the Chinese giant Alibaba Group, Ant had used the term to describe his 30% stake in the …
Read More »With Happiest Minds, 77-year-old Ashok Soota wins IPO jackpot for the second time
Ashok Soota, pioneer of India’s information technology services industry, has led three outsourcing companies, including one of the largest in the country, Wipro Ltd., and has gone public with two of them. The second was this week when the initial public offering of its latest startup, Happiest Minds Technologies Ltd., …
Read More »