Tag: grey market premium

The Swiggy Limited's logo is seen at a press conference during which its Initial Public Offering (IPO) was announced in Mumbai, India, October 30, 2024(Francis Mascarenhas/Reuters)
Posted in Business

Swiggy IPO allotment status released: What GMP indicates ahead of listing date

Shares of food delivery giant Swiggy will be listed on the exchanges on Wednesday, November 13, after its high-profile IPO launch last week. However, despite…

Continue Reading
The Swiggy IPO was opened up for public subscription on Wednesday, November 6, and will close on Friday, November 8 (representational image)(Instagram/@swiggyindia)
Posted in Business

Looking to invest in Swiggy IPO? Here are 10 things you should know

The Swiggy IPO is currently on its second day of bidding on Thursday, November 7, 2024. The Swiggy IPO was opened up for public subscription…

Continue Reading
Gig workers prepare to deliver orders outside Swiggy's grocery warehouse at a market area in New Delhi, India, May 6, 2024.(Priyanshu Singh/Reuters)
Posted in Business

Swiggy IPO hits markets today after raising ₹5,085.02 crore via anchor investors

Swiggy’s ₹11,327.43 crore initial public offering (IPO) hit the markets on Wednesday, November 6, after raising ₹5,085.02 crore from anchor investors on Tuesday. Gig workers…

Continue Reading
Waaree Energies share price dropped nearly 5% after it got listed on the exchanges today.(Representational Image/Unsplash)
Posted in Business

Waaree Energies share price drops 5% after listing today

Waaree Energies share price dropped nearly 5% after it got listed on the exchanges today. Waaree Energies share price dropped nearly 5% after it got…

Continue Reading
Nilesh Shah of Kotak Mahindra Mutual Fund criticizes the reliance on grey market premiums for IPOs. He proposes transforming the grey market into a regulated when-issued market to enhance price discovery and reduce misinformation.
Posted in Business

Should IPO investors trust GMP before subscribing? Nilesh Shah says don’t because…

Sep 24, 2024 03:05 PM IST Kotak Mahindra Mutual Fund’s Nilesh Shah argues that reliance on grey market premiums for IPOs is misguided. Grey market…

Continue Reading
Four larger businesses and eight small and medium enterprises (SMEs) are looking to raise a combined $1 billion or <span class=
Posted in Business

12 IPOs coming up next week including 8 SME IPOs to raise over $1 billion

Next week will witness 12 initial public offerings (IPOs), including four larger businesses and eight small and medium enterprises (SMEs). These are looking to raise…

Continue Reading
Concord Biotech IPO will close on August 8. (Representative Photo)
Posted in Business

Concord Biotech IPO final day to apply today: GMP update, subscription status

Concord Biotech IPO: The initial public offering (IPO) of Concord Biotech, backed by Rekha Jhunjhunwala, opened for bids on August 4, is set to close…

Continue Reading