Stay updated with breaking news from Manoj Ceramic. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The issue sailed through comfortably with 9x subscription overall, but was considered underwhelming by analysts, given the kind of response for SME IPOs in the recent past.
Manoj Ceramic IPO: The stock opened at Rs 82 against the issue price of Rs 62 on the BSE SME platform
A stupendous run during the last week of 2023 saw benchmark indices giving a strong breakout on the upside and clocking nearly 2% gains.
The next week is likely to be eventful as series of economic data globally are set to release.
Kaushalya Logistics, which will close its public issue on January 3, was among the 182 companies that launched their maiden IPOs during the year 2023 and cumulatively raised Rs 4,967 crore.