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Vibhor Steel Tubes IPO: The price band of the IPO was of ₹141 to ₹151 per share and the minimum lot size for an application was set at 99 shares.
Thaai Casting IPO: Initial public offering of automotive ancillary company Thaai Casting Ltd will close tomorrow (February 20). The IPO had opened for for public subscription on February 15. Till now, it has received a positive response from investors as on the second day of bidding, the IPO received
Experts say the positive momentum is expected to continue in the coming week, too, along with intermittent consolidation and correction.
Mahavir Lunawat, Managing Director, Pantomath Capital Advisors Pvt. Ltd. - A Leading Mid-Market Investment Bank, said that the Indian IPO market will remain robust in CY2024.
Overall, analysts maintain a positive yet cautious stance as Nifty 50 is set to retest its record high level, but there could be bouts of intra-day volatility. A possible breakout attempt for Nifty 50 above 22,150 could lead to an uptrend to inch towards 22,500+.