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(CTN NEWS) - Amidst a remarkable five-month market rally, investors in India are displaying a notable inclination towards smaller firms' initial public
Investor confidence in unlisted shares was shaken after recent developments that saw online drugstore PharmEasy issuing new shares in a rights issue at a 90 per cent discount to its previous valuations and Reliance Retail's move to buy back and cancel shares held by public investors. Both stocks were, at one time, very popular in the unlisted market, with canny investors cornering them with the objective of benefiting from their listing. 'Since investors have suffered losses on both counts, they will be careful when it comes to dealing in shares of unlisted companies,' observes a broker dealin...
Senco Gold IPO listing date has been fixed on 14th July 2023 and stock market experts see Senco Gold share price opening at around 40% premium against the offer price of ₹301 to ₹317
Senco Gold share allotment: Senco Gold is expected to finalise the basis of allotment of its shares today, July 11, 2023. Senco Gold shares were commanding a grey market premium of around Rs 118 - 120 on Tuesday, a 35-37% premium over the expected issue price of Rs 317 per share.
IdeaForge share price has fallen around 18% after a bumper listing, making it attractive for bargain hunters, say stock market experts