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Laxmi Organic IPO subscribed 107x, focus continues on 6 companies

The IPO of Laxmi Organic, Mumbai-based specialty che­micals firm, has garnered 107 times subscription. The issue closed on Wednesday. The institutional investor portion of the IPO was subscribed 175 times, the high net-worth individual portion was subscribed 218 times and the retail portion was bought nearly 20 times. The IPO of Craftsman Automation, which also closed on Wednesday, witnessed 5.2 times subscription. The IPO comprised a fresh issue of Rs 150 crore and an offer for sale of 45,21,450 equity shares. The IPO Kalyan Jewellers India, which closes on Thursday, has received 1.21 times subscription, so far. The portion reserved for qualified institutional buyers (QIBs) received 24 per cent subscription, while those for non-institutional investors 89 per cent and retail individual investors (RIIs) 1.90 times.

Positive bias seen at open, but FPIs to hold key - The Hindu BusinessLine

Positive bias seen at open, but FPIs to hold key March 16, 2021 Foreign portfolio investors have turned cautious on the back of firm US bond yields Thanks to positive global cues, Indian stock markets are expected to open with modest gains on Tuesday. However, the market is likely to move in a narrow range in the early part of the day, said analysts. The SGX Nifty futures are at 15,002 points, a gain of about 0.25 per cent, over Monday’s close. Foreign portfolio investors have turned cautious on the back of firm US bond yields. The Federal Open Market Committee is due to meet on March 16 and 17. FPIs will take investment calls after the outcome of the key FOMC meet.

Kalyan Jewelers IPO investment opportunity from today know how much is the price band - कल्याण ज्वेलर्स के आईपीओ में आज से निवेश का मौका, जानें कितना है प्राइस बैंड

Kalyan Jewelers IPO investment opportunity from today know how much is the price band - कल्याण ज्वेलर्स के आईपीओ में आज से निवेश का मौका, जानें कितना है प्राइस बैंड
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