Muthoot Microfin shares make muted market debut; decline over 5%
The company's market valuation stood at Rs 4,670.63 crore during the morning trade
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The company's 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.