Page 2 - Aptus Value News Today

Specialty chemicals manufacturer Chemplast Sanmar and Aptus Value Housing Finance made tepid debuts on the bourses on Tuesday as investor rush for newly-listed stocks subsided in the wake of the sell-off in mid- and small-cap stocks.

Looking for ways to check application status, listing date and more for Aptus Value Housing Finance IPO share allotment? Check out these steps.

“With positive economic data pointing towards economic recovery, the market is expected to remain bullish in the long term while the possibility of a short correction in the near term cannot be ruled out. On the backdrop of eased retail inflation, the wholesale price inflation data to be released next week is expected to cool down as well,” said Vinod Nair, Head of Research at Geojit Financial Services.

Analysts said an unexpected drop in US consumer price inflation calmed investor nerves despite Federal Reserve officials continuing to pass hawkish commentary.

The IPO is being sold in Rs 346-353 price band. On the block is a fresh issue of Rs 500 crore and an offer for sale (OFS) of up to 6,45,90,695 equity shares.

India Inc seeks Rs 20,000 crore more in IPO season SECTIONS Share Synopsis Companies usually time their IPO launches based on the market sentiment and investor appetite for these share sales. Bankers said if the mood turns adverse, companies could postpone their plans. ThinkStock Photos So far in July, four companies have raised ₹12,385 crore through IPOs. Glenmark Life and Rolex Rings are expected to raise ₹2,245 crore. Related NSE Explore Now Mumbai: Companies are rushing to tap the prima...