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IPO News

IPOs stay above issue price; 65% new entrants give robust returns

The primary market emerged as a money spinner for investors in 2017-18, with 65% of the newly listed companies trading well above their issue prices, giving returns of up to three times.

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12 new IPOs to come up in June-quarter, analysts remain positive

 After raising Rs 843.57 billion through initial public offers (IPOs) in 2017-18 (FY18), at least 12 companies are planning to garner Rs 170 billion through IPOs over the next two months, reports say, with some of the prominent ones being HDFC Asset Management.

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Lemon Tree Hotels makes decent debut; lists 10% premium over issue price

Lemon Tree Hotels has made a decent debut by listing at Rs 61.60, a 10% premium against issue price of Rs 56 on the BSE and the National Stock Exchange (NSE).At 10:01 am; the stock was trading 9% higher at Rs 60.80 on the BSE.

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Sandhar Techno makes decent debut; lists 4% higher from issue price

Sandhar Technologies has made a decent debut by listing at Rs 346, 4% higher against its issue price of Rs 332 per share on the National Stock Exchange (NSE).

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