Mastering High-Subscription IPOs: Strategies from LIC and Hyunda
An Initial Public Offering (IPO) is when a private company offers shares to the public for the first time. High subscription in an IPO indicates that the demand for shares…
Pranik Logistics Lists at 2.6% Premium Despite Strong IPO
Pranik Logistics shares listed at a modest 2.6% premium over their IPO price on the National Stock Exchange Small and Medium Enterprises (NSE SME) platform. The listing gains fell short…
Saj Hotels Shares Debut at 15% Discount on NSE SME Platform
Saj Hotels made a lackluster stock market debut on October 7, listing at ₹55 per share, a 15% discount from its issue price of ₹65. The ₹27.63 crore IPO, a…
Zerodha Reports 62% Profit Surge
Zerodha, India’s largest stockbroking platform, has recorded a remarkable 62% growth in its profit for FY24, reaching ₹4,700 crore. The company also reported a 21% increase in revenue, taking the…
Rainbees Solutions Ltd Makes Strong Debut with FirstCry IPO
FirstCry’s IPO was a resounding success. The strong listing, with shares opening at a 40% premium to the IPO price, reflects high investor confidence in the company’s growth prospects. Strong…