
Cyient DLM, Zaggle, Healthvista, Rashi Peripherals get SEBI nod for IPOs
While Zaggle and Cyient DLM received the SEBI’s "observation" on March 29, Healthvista India and Rashi Peripherals got nod for their IPOs on March 31.
While Zaggle and Cyient DLM received the SEBI’s "observation" on March 29, Healthvista India and Rashi Peripherals got nod for their IPOs on March 31.
The drop in investments follows a 29% drop in 2022
The share price of the company touched a fresh high of ₹432 in intraday trade on the BSE on the back of the continued rally in the last seven sessions.
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.
The IPO comprises a fresh issue of up to ₹357 crores and an offer for sale of up to 12,036,380 equity shares by existing shareholders.
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.
The ₹1,500-crore IPO of KFin Technologies will open on December 19; Elin Electronics will launch its ₹475 crore issue on December 20.
The ₹251-crore IPO of Dharmaj Crop Guard was subscribed 35.5 times on the back of strong response from qualified institutional buyers and high net worth individuals.
The share price of FMCG company has risen to ₹415 from ₹300 since its listing on the domestic exchanges on November 16.
The Rustomjee Group firm had raised ₹635 crore from IPO, which received a tepid response from investors.