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The stock listed at Rs 50, up 56.25 per cent from the issue price on both the BSE and NSE. It further rallied 74 per cent to Rs 55.70 on both the benchmark indices.
In a major step towards bolstering Nigeria’s energy security and promoting the utilization of its abundant gas resources, the NNPCL and UTM Offshore Limited recently signed a Heads of Terms (HoT) agreement for the construction of the nation’s first indigenous Floating LNG project.
Know how to check Gandhar Oil Refinery IPO allotment status Via BSE and Kfin Technologies website.
If one example is to be cited of technology revolutionising a particular business and keeping pace with investor requirements, it is the stock market. In earlier decades, the IPO process was not only cumbersome and time consuming, but also full of tension for the investor, because the onus of monitoring progress from application to receipt of physical shares was with him
Amid the euphoria during an IPO issue and its listing, investors must bear in mind that it is just the first window to investing in a business; more opportunities could arise