The Latest Breaking News from BSE

NSE IPO: Issue subscribed nearly 6 times as QIBs drive demand on final day. GMP drops to 2%

NSE IPO: The Rs 22,569-crore NSE IPO closed with 5.57 times subscription, with QIBs leading demand at 12.68 times and retail investors subscribing 1.31 times. The entirely OFS issue has a price band of Rs 1,700–1,785 per share. NSE shares are expected to list on the BSE on September 24.

The Economic Times · Sep 21

Two SME IPOs to list today: Injecto Polymers, Century Business Media; Check GMP ahead of debut

Among the two offerings, the Century Business Media IPO received an overwhelming response from investors, with the issue subscribed 57.93 times by the close of bidding. The Injecto Polymers IPO, meanwhile, was subscribed 1.23 times.

The Economic Times · Sep 21

Three SME IPOs open for subscription today: Check price band, lot size and key details

Together, the three IPOs aim to raise around Rs 98.53 crore. Of these, the Vivekanand Cotspin IPO is a Rs 22.20-crore book-built issue, the FX Multitech IPO is worth Rs 45.24 crore, while the Robokidz Eduventures IPO is a Rs 31.09-crore issue.

The Economic Times · Sep 21

NSE’s biggest bull bets bigger: LIC’s 10.72% stake gets Rs 450 crore anchor boost

LIC, NSE’s largest shareholder with a 10.72% stake, received shares worth about Rs 450 crore in the exchange’s anchor allocation ahead of its IPO. NSE raised Rs 6,746 crore from 189 investors at Rs 1,785 per share.

The Economic Times · Sep 17

The NSE IPO investor playbook: Should you subscribe to the mega issue or pick rival BSE instead?

The NSE IPO has sparked a valuation debate as investors weigh subscribing at the issue price against waiting for a post-listing correction or considering BSE. With NSE commanding a dominant share of India’s equity markets, analysts point to its strong financials and scale, while flagging rich valuations and risks around…

The Economic Times · Sep 17

NSE IPO: Issue subscribed 42% on Day 1; GMP signals 9% listing gain. Should you subscribe?

The NSE IPO was subscribed 42% on Day 1, with investors bidding for 3.7 crore shares against 8.86 crore shares on offer. Non-institutional investors led with 70% subscription, followed by retail investors at 43% and QIBs at 19%. Meanwhile, the IPO’s grey market premium hovered around 9%, suggesting expectations of…

The Economic Times · Sep 17

NSE IPO: IFCI, New India Assurance, other stocks rally up to 9% as Rs 22,569 crore IPO opens. How much exposure do they have?

IFCI, New India Assurance and other stocks rallied after the Rs 22,569 crore NSE IPO opened for subscription. The companies have direct or indirect exposure to NSE, with several shareholders also selling stakes through the offer-for-sale. NSE’s IPO comprises 12.64 crore shares and is open for bidding until September 21.

The Economic Times · Sep 17

LCC Projects makes strong D-Street debut, listing at 31% premium over IPO price

LCC Projects made a strong stock-market debut after its Rs 427.14 crore IPO. The shares listed at Rs 191.90 on the NSE, a 31.44% premium, and at Rs 189 on the BSE, a 29.45% premium over the issue price of Rs 146.

The Economic Times · Sep 17

Asset Reconstruction Company shares list flat at Rs 139 on BSE, NSE

On Thursday, shares of Asset Reconstruction Company India Ltd. debuted with little movement following a notable initial public offering valued at Rs 732.97 crore, consisting entirely of an offer for sale. Priced at Rs 139 per share, the offer attracted significant demand, seeing an impressive twenty-fold subscription. Notably, the proceeds…

The Economic Times · Sep 17

Manipal Payment & Identity Solutions lists at 2% discount to IPO price

Manipal Payment & Identity Solutions made a weak stock market debut after its Rs 805-crore IPO was subscribed 1.26 times overall. The shares opened at a discount to the issue price on both the BSE and NSE. The IPO comprised a fresh issue and an offer for sale, with proceeds…

The Economic Times · Sep 17