Archive for the ‘IPO’ Category

Rolex Rings Limited – Share gains over 29% on day one

Rolex Rings Limited which had tapped the capital markets with its fresh issue of Rs 56 crs and an offer for sale of 75 lac shares listed on the bourses and closed at Rs 1,166.55, a gain of Rs 266.55 or 29.62%. The company had earlier received excellent response and was subscribed 130.44 times. The […]

With Markets at New Highs, Increased Volatility to Follow

Markets were on a roll and they finally broke out of the resistance zone last week. Not only did they break out, but they did it in style. BSESENSEX gained a massive 1,690.88 points or 3.22% to close at 54,277.72 points while NIFTY gained 475.15 points or 3.01% to close at 16,238.20 points. The broader […]

Car Trade Tech Limited – Completes Anchor Allocation

Car Trade Tech Limited which is tapping the capital markets with its offer for sale of 1,85,32,206 shares in a price band of Rs 1,585-1,618, completed allocation to anchor investors. The issue opens on Monday the 9th of August and closes on Wednesday the 11th of August. The company allotted 55,59,664 shares at Rs 1,618 […]

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