| Name | Date of listing | Issue Price | closing price | closing price | % gain loss | change over |
| 9th December | 2nd December | over week | lssue price | |||
| L&T Technology Services Limited | 23rd September | 860.00 | 847.00 | 846.35 | 0.08 | -1.51 |
| GNA Axles Limited | 26th September | 207.00 | 199.20 | 200.95 | -0.85 | -3.77 |
| ICICI Prudential Life Insurance Co Ltd | 29th September | 334.00 | 294.65 | 298.90 | -1.27 | -11.78 |
| HPL Electric & Power Limited | 4th October | 202.00 | 104.40 | 108.30 | -1.93 | -48.32 |
| Endurance Technologies Limited | 19th October | 472.00 | 580.65 | 572.95 | 1.63 | 23.02 |
| PNB Housing Limited | 7th November | 775.00 | 872.35 | 903.85 | -4.06 | 12.56 |
| Varun Beverages Limited | 8th November | 445.00 | 414.00 | 432.10 | -4.07 | -6.97 |
| Sheela Foam Limited | 9th November | 730.00 | 1032.10 | NA | 41.38 | 41.38 |
Performance of Newly Listed Shares as on 9th December 2016
December 12th, 2016
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Laurus Labs Limited – Issue subscribed 4.57 times
December 9th, 2016
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Laurus Labs Limited which had launched its simultaneous offer for sale and fresh issue was subscribed 4.57 times. The issue consisted of a fresh issue of Rs 300 crs and an offer for sale of 241.07 lakh shares in a price band of Rs 426-428. Earlier the company had allotted 92.38 lac shares to 25 Anchor Investors comprising of 43 entities. The price band of Rs 426-428 had the narrowest range amongst IPO’s in quite so many years.
The full details of the subscription are given below: –
| Bucket Size | Shares Applied for | Times oversubscribed | |
| QIB | 6174544 | 65061465 | 10.54 |
| HNI | 4623879 | 16545060 | 3.58 |
| Retail | 10783051 | 18014360 | 1.67 |
| Employees | 322834 | 552405 | 1.71 |
| Total | 21904308 | 100173290 | 4.57 |
Laurus Labs Limited –Anchor Allocation finalised
December 6th, 2016
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Laurus Labs Limited which is tapping the capital markets with its simultaneous offer which includes a fresh issue for Rs 300 crs and an offer for sale of 241.07 lakh shares completed its anchor allocation. The price band of the issue is Rs 426-428. The company allotted 92,38,385 equity shares to 25 anchor investors comprising of 43 entities. The highest allotment was made to Nomura of 5,04,665 shares or 5.46%. The list is fairly extensive and includes marquee names.
The issue has opened on Tuesday the 6th of December and closes on Thursday the 8th of December. There is no doubt on the prospects of the company going forward. The only concern emanating from reports from various brokerages and newspaper analysis is the valuation of the company. Some believe it is very expensive and some richly valued.
Take your pick and decide.
