Anand Rathi Wealth Limited which had tapped the capital markets with its offer for sale of 1.2 cr shares in a price band of Rs 530-550, was subscribed 9.78 times. Earlier the company had completed allocation to anchor investors. The company allotted 35,25,000 equity shares to 12 anchor investors comprising of 19 entities. The issue […]
Archive for the ‘IPO’ Category
Anand Rathi Wealth Limited – Share gains 6.09% on listing day
December 22nd, 2021
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Tega Industries Limited – Issue Gains 60.15% On Debut Day
December 22nd, 2021
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Tega Industries Limited which had tapped the capital markets with its offer for sale of 1,36,69,478 shares in a price band of Rs 443-453 received overwhelming support. The issue was subscribed 219.03 times. QIB portion was subscribed 215.45 times, HNI portion was subscribed 666.19 times and the Retail portion was subscribed 29.44 times. There were […]
Markets to Consolidate Amongst Primary Market Focus
December 13th, 2021
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Markets were volatile to say the least in the week gone by and tested the patience and skill sets of traders and investors. While the week fortunately ended with gains it was not without hiccups and nervousness. The week ended with BSESENSEX gaining 1,090.21 points or 1.89% to close at 58,786.67 points while NIFTY gained […]