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Among the eight IPOs, the three issues opened on Friday are Senores Pharmaceuticals, Carraro India, and Ventive Hospitality.
Among the eight IPOs, the GMP is highest for Mamata Machinery at 107 per cent, while that of Carroro India is the lowest at zero.
The IPO market is buzzing with activity as several companies are vying for investor attention. Even as five IPOs were already live, three more mainboard initial public offerings (IPOs) have been opened. Here’s a quick look at the latest subscription status and grey market premium (GMP).
Among the eight IPOs, the three issues opened on Friday are Senores Pharmaceuticals, Carraro India, and Ventive Hospitality. They are witnessing their first day of bidding.
Five IPOs that were launched on Thursday are Mamata Machinery, DAM Capital Advisors, Transrail Lighting, Sanathan Textiles, and Concord Enviro Systems. So, these IPOs are witnessing their second day of bidding.
Among the eight IPOs, the GMP is highest for Mamata Machinery at 107 per cent, while that of Carroro India is the lowest at zero.
Here’s the latest GMP and subscription status, as of 3:00 pm on December 20:
Apart from this, diamond grading firm International Gemmological Institute (India) Ltd on Friday made a strong stock market debut with its shares being listed at a 22.3 per cent premium. Its shares were listed at Rs 510 apiece on the NSE, which is 22.3 per cent higher than the issue price of 417 apiece. However, overall weak sentiment in the markets dragged down the share price to Rs 468.05 apiece.
The BSE Sensex on Friday declined nearly 1,300 points to 77,980.11, while the NSE Nifty plummeted by 390 points to below 23,600 at 23,560.
