Archive for the ‘IPO’ Category

Impact of Trade Wars to Determine Market Direction

Markets continued to remain volatile but managed to record gains for the week. The BSESENSEX was up 234.38 points or 0.66% to close at 35,657.86 points. NIFTY gained 58.35 points or 0.54% to close at 10,772.65 points. BSEMIDCAP was negative 0.39% while BSESMALLCAP gained 0.17%. Dow Jones gained 185.07 points or 0.76% to close at […]

Varroc Engineering Limited – Shares Gain 7.59% on Debut Day

Shares of Varroc Engineering Limited began trading and had a decent outing, closing with gains of 7.59%. The company had tapped the capital markets with its offer for sale of 202.21 lac shares in a price band of Rs 965-967. The company had in its anchor allocation, allotted 60.36 lac shares to 20 anchor investors […]

Rites Limited – Listing Day Sees Share Rise 15%

Shares of Rites Limited had a dream run on Monday the 2nd of July when they listed on the bourses. The government of India had through an offer for sale sold 2.52 cr shares in a price band of Rs 180-185. There was a discount of Rs 6 for retail investors and eligible employees. The […]

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