
SME IPO: Crayons Advertising issue oversubscribed 148 times, to list on June 2
The IPO received an overwhelming response from retail and non-institutional investors as quota reserved for them were booked 169.94 times and .94 times, respectively.
The IPO received an overwhelming response from retail and non-institutional investors as quota reserved for them were booked 169.94 times and .94 times, respectively.
At present, the regulatory framework for AMCs includes provisions relating to the code of conduct for AMCs, fund managers & dealers, and various other disclosure and reporting requirements.
The homegrown integrated advertising agency aims to raise ₹41.80 crore at the upper end of the IPO price band of ₹62 to ₹65.
The Delhi-based healthcare company raised ₹4,326 crore in the country’s biggest IPO so far this year, which was subscribed 15.32 times on the back of strong response from QIBs.
The ₹865 crore IPO of the electronics manufacturing services company was subscribed 2.32 times on the back of a strong response from qualified institutional investors.
The share price of Archean Chemical gained 10% to hit an all-time high of ₹629.25 in intraday trade on the BSE on Friday.
Post listing, Elin Electronics shares declined as much as 3.2% to hit a low of ₹235.25, while it touched a high of ₹244.75 on the BSE.
The weak listing of KFin Technologies was in line with D-Street expectations as weak equity market sentiments and lukewarm response to its IPO weighed on stock performance.
Shares of Droneacharya Aerial listed at ₹102 per share, a premium of 89% over its issue price of ₹54 apiece on the BSE.
Landmark Cars shares listed 6.9% lower at ₹471 on the NSE, while Aban Holdings opened a tad higher at ₹273 against the issue price of ₹270.