Page 6 - Initial Public Offer News Today

The companys market valuation stood at Rs 4,670.63 crore during the morning trade

Shares of Motisons Jewellers Ltd on Tuesday listed with a huge premium of over 98 per cent against the issue price of Rs 55. However, Muthoot Microfin and Suraj Estate listed at 5.46 per cent and 5.55 per cent discount, respectively

Unlisted shares of Happy Forgings are currently trading Rs 435 higher in the grey market, which is a 51.18 per cent listing gain from the public issue, Happy Forgings IPO Closes Today: Should You Subscribe? Check Latest GMP, Subscription Status

DOMS IPO had a fresh issue of up to Rs 350 crore and an offer for sale of Rs 850 crore, with offer price range of Rs 750-790 a share.  

As per several analysts the DOMS may list at around 60 to 65 percent premium and debut at Rs 1,200- Rs 1,300 apiece, depending on the mood of the market.

Get latest articles and stories on Latest News at LatestLY. The Rs 960 crore initial share sale of Muthoot Microfin, the microfinance subsidiary of Muthoot Pappachan group, got subscribed 2.83 times on Tuesday, the second day of offer. Latest News | Muthoot Microfin IPO Subscribed 2.83 Times on Day 2 of Offer.

The Budget Estimate for disinvestment receipts in 2023-24 has been kept at Rs 51,000 crore

Motisons Jewellers IPO of up to 2,74,71,000 equity shares has a price range of ₹52-55 a share.

Muthoot Microfin Limited has set the Price Band of the Offer at Rs 277 to Rs 291 per Equity Share with face value of Rs 10.

Get latest articles and stories on Latest News at LatestLY. The initial share sale of pencil maker DOMS Industries received 93.40 times subscription on the final day of bidding on Friday, driven by overwhelming participation from institutional buyers. Latest News | DOMS Industries IPO Subscribed 93.40 Times on Heavy Participation from Institutional Buyers.