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The much-awaited IPO of Tata Technologies undoubtedly earns the award of best debutant of 2023. The stock not only doubled on listing day itself but is still trading around 148% higher from the issue price. The Rs 3,034-crore IPO also managed to break LIC's record by garnering a record number of 73.58 lakh applications.
The journey from cricket pitch to Dalal Street! Azad Engineering IPO takes flight on Dec 20. Should you invest?
Hyderabad-based Azad Engineering started operations in 2008 and it makes airfoil blades used in turbines for power generation to improve efficiency. Azad is the most recent entrant in the global supply chain which has not seen a new supplier for many years.
This week will experience about 12 IPOs commencement. Continue reading to find out the details of the Initial Public Offerings launching this week.
Going ahead, Bank of Japan's policy decision, minutes of RBI MPC meeting and primary market action will be key to monitor. All eyes are on whether markets can scale new highs and continue gaining streak for eighth consecutive week