The initial public offering (IPO) of Interarch Building Products will open for subscription on August 19. The issue closes on August 21. Through the public offer, the company plans to raise around Rs 600 crore. Here are 10 things to know about the Interarch Building Products IPO before subscribing to the issue. 1) What is … Read more
Go Digit, the fast-growing general insurance company, listed at Rs 286 per share, translating to a 5% gain over the issue price of Rs 272. The listing fell short of expectations as the grey market trends suggested a potential gain of around 10%. Analysts said Go Digit’s position as the fastest-growing private non-life insurer by … Read more
The initial public offer (IPO) of Juniper Hotels, which runs hotels under the “Hyatt” brand, opened for subscription. Through the public offer, the company plans to raise around Rs 1,800 crore. The IPO with a face value of Rs 10 is entirely a fresh equity with no offer for sale (OFS) component. About 75% of … Read more
Vibhor Steel Tubes IPO received the highest subscription so far at nearly 300 times, driven by strong non-institutional and retail interest. Post the overwhelming response, the company is likely to finalise the share allotment later today. The whole allotment process will be overseen by a registrar and investors will get the shares on a lottery … Read more
After a successful IPO, Medi Assist Healthcare will finalise the share allotment to investors by today evening. Under the allotment process, investors will be allocated shares on a lottery basis. Investors can check the status of their share allotment on the BSE or even by logging in to the registrar website. Firstly, here’s how you … Read more