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India Business News: Motisons Jewellers, an Ahmedabad-based jewellery company, witnessed a remarkable response to its Initial Public Offering (IPO). The stock debuted at R
Motisons Jewellers share price: The Rs 151-crore IPO received 47.44 lakh applications, making it the third highest in the number of applications received in an IPO ever after Tata Tech which received 75 lakh and LIC with 50 lakh applications. The public issue of Ahmedabad-based jewellers was subscribed 159.61 times.
Midcaps saw good participation from retail, HNI and mutual funds in 2023.Midcaps might not keep up with their outperformance in 2024, but investor interest
The much-awaited IPO of Tata Technologies undoubtedly earns the award of best debutant of 2023. The stock not only doubled on listing day itself but is still trading around 148% higher from the issue price. The Rs 3,034-crore IPO also managed to break LIC's record by garnering a record number of 73.58 lakh applications.
Aditya Birla Sun Life MF, Axis MF, DSP MF, Franklin Templeton MF, ICICI Prudential MF, Kotak MF, Nippon India MF, Motilal Oswal MF, Mirae, Sundaram, JM and SBIMF shopped for Tata Tech, a Nuvama report said. They added shares worth Rs 1,120 crore.