Urban Company IPO: The Rs 1,900-crore Urban Company IPO opened to a strong response in the primary market on Wednesday, with the issue being subscribed 83 per cent by 11:30 a.m. on Day 1 of the three-day bidding window. According to data from the National Stock Exchange (NSE), the offer received 8.85 crore bids against 10.67…
Vikran Engineering IPO Listing: Shares of Mumbai-based infrastructure major Vikran Engineering Ltd. made a subdued debut on the stock exchanges on Wednesday, listing with only marginal gains despite a well-subscribed IPO. The stock opened at Rs 99.70 on the BSE, marking a 3 per cent premium over its issue price of Rs 97. On the NSE,…
Mangal Electricals IPO: Mangal Electrical Industries made a muted debut on the stock exchanges on August 28, listing at nearly 1 per cent below its issue price, despite strong demand during its initial public offering. The Rs 400-crore IPO was subscribed 9.46 times during the offer period from August 19 to 21. The stock opened at…
Aditya Infotech Listing: Aditya Infotech’s shares made a robust debut on the NSE, opening at Rs 1,015 which is more than 50 percent higher than their IPO price of Rs 675. On the BSE, the stock made an equally strong debut, listing at Rs 1,018, nearly 51 percent above the issue price. Ahead of the listing,…