The Latest Breaking News from Anand Rathi

Fusion CX IPO Day 3: Issue subscribed 4.4 times. Check GMP, other details

Fusion CX has witnessed substantial investor interest in its IPO. The company's shares were oversubscribed by 4.45 times, reflecting strong participation from different investor categories. Market analysis indicates a grey market premium, suggesting favorable expectations for its listing price. Proceeds from the IPO will be utilized for debt repayment, IT…

The Economic Times · Oct 16

Bonfiglioli Transmissions IPO Day 2: GMP at 24%; Check subscription status. Should you subscribe?

Bonfiglioli Transmissions IPO entered Day 2 with a 24% GMP and 48% overall subscription on Day 1. The Rs 2,533.66-crore offer for sale is priced at Rs 558-586 per share. Anand Rathi assigned a "Subscribe for Long Term" rating, citing growth in automation despite fully valued pricing metrics.

The Economic Times · Oct 16

Fusion CX IPO Day 2: Issue fully subscribed at 1.1x; GMP at 12%. Check key details

Fusion CX IPO witnessed good demand, receiving bids for more shares than available in the second subscription day. The grey market premium suggests potential listing gains, indicating positive investor sentiment. The company aims to raise Rs 702 crore with fresh and offer-for-sale shares. According to analysts, the valuation appears reasonable…

The Economic Times · Oct 15

Last day to bid! Runwal Enterprises IPO enters Day 3: Check subscription status, latest GMP and other key details

In the grey market, the IPO is commanding a grey market premium (GMP) of over 4%, indicating market expectations of a potential premium over the issue price at listing. However, grey market premiums are unofficial and can change before listing.

The Economic Times · Sep 29

Moneyview IPO Day 3: Issue subscribed over 98 times on strong QIB demand. GMP at 38%

The Moneyview IPO ended with 98.46 times subscription, led by strong demand from QIBs and NIIs. The Rs 1,091.68 crore issue received bids for 2,290 crore shares against 23.25 crore shares on offer. Its grey-market premium stood at 37.5%, implying an estimated listing price of Rs 46.75.

The Economic Times · Sep 28

ArMee Infotech IPO Day 3: Issue sees 2.44x subscription; GMP at 5%

ArMee Infotech is currently offering its IPO, with a subscription period ending on September 25, 2026. The offer has been subscribed 2.44 times, indicating significant investor interest as of now. The company plans to allocate the IPO proceeds primarily for business expansion and working capital needs. Analysts suggest a long-term…

The Economic Times · Sep 25

Moneyview IPO enters Day 2: Subscription reaches 1.4x, GMP signals 38% potential listing gain; should you bid?

The Rs 1,091.68-crore Moneyview IPO comprises a fresh issue of 22.06 crore shares aggregating to Rs 750 crore and an offer for sale (OFS) of 10.05 crore shares worth Rs 341.68 crore.

The Economic Times · Sep 25

Runwal Enterprises IPO opens for bidding. Can it deliver long-term gains?

The Rs 499.83 crore Runwal Enterprises IPO is entirely a fresh issue of 1.64 crore shares, with no offer-for-sale component.

The Economic Times · Sep 25

Moneyview IPO subscribed 1.4 times on Day 1; GMP signals 32% listing gains. Should you subscribe?

Moneyview IPO opened for subscription on September 24, 2026, with substantial demand from investors. The issue received bids for 33,48,61,002 shares against 23,25,24,175 shares available. Non-Institutional Investors led the demand, subscribing 2.43 times the available shares. The funds will primarily be utilized to expand Moneyview's lending business and enhance its…

The Economic Times · Sep 24

Hero Motors IPO subscribed fully on Day 1 as GMP signals 23% listing premium. Should you bid for the Rs 1,000 cr offer?

Hero Motors IPO GMP: Hero Motors IPO opened for subscription on September 16, 2026, with strong investor demand. The issue garnered 1.38 times subscription on its first day of bidding. Anchor investors subscribed to shares worth Rs 299.99 crore at Rs 84 per share. The company plans to use IPO…

The Economic Times · Sep 16