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This came after four companies launched their initial share-sales last week. Of these, two IPOs -- maker of snacks and sweets Bikaji Foods International and Global Health Ltd which operates hospitals under the Medanta brand -- are currently underway. Get more Markets News and Business News on Zee Business.
The issue is purely an offer for sale (OFS) of 29,373,984 shares, which is being sold in the 285-300 price band. The lot size is 50 shares.
The data analytics services firm made its market debut at Rs 530 per share (up 169 per cent) on the Bombay Stock Exchange (BSE) against the IPO issue price of Rs 197.
Shyam Metalics, Sona Comstar, Navoday Enterprises IPOs open on June 14: The companies are raising funds to retire their debt, funding capital expenditure requirements, and for general corporate purposes
× All eyes are on the BSE Sensex, as it is inching towards 50,000 mark. The SGX Nifty at 14,508 points a gap up opening of about 40 points, even as most Asian markets are trading marginally lower. However, the overnight closing of US stocks presents a positive signal. The Sensex on Tuesday closed with a gain of 834.0 points at 49398.0 levels, just 600 points away from historical 50,000-landmark; the Nifty gained 240 points at 14521.1 levels while the Nifty futures closed at 14,470. Going ahead, earnings and global cues would remain on the participants’ radar, said Ajit Mishra, VP - Rese...