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Bharat Coking Coal (BCCL) IPO entered its third and final day on Tuesday, continuing to attract strong investor interest. The Rs 1,071-crore issue is currently commanding a grey market premium (GMP) of Rs 11, indicating nearly 46% gains over the upper price band of Rs 23 ahead of its listing.The GMP reflects strong positive sentiment…
Online shopping platform Meesho’s initial public offering (IPO) has entered its third and the last day of bidding, with the issue oversubscribed 9.07 times so far. The issue continues to attract high interest from investors, with bids having been received for 221 crore shares against 27.79 crore shares on offer. The IPO has also drawn…
Online shopping platform Meesho is set to open for subscription on Wednesday, attracting investors with a solid grey market premium. The excitement has been fuelled by positive commentary from analysts.The company is targeting proceeds of Rs 5,421 crore from the IPO, which will remain open until 5 December. The price band has been set between…
Groww’s initial public offering, through which the company plans to raise Rs 6,632 crore, has entered its final day of subscription. At the upper end of the price band, the issue values the investment platform at 33.8 times its FY25 earnings. As per BSE data, the IPO of Groww (Billionbrains Garage Ventures Ltd) has drawn…
Investment app Groww opened its much awaited IPO for subscription on Tuesday, aiming to raise Rs 6,632 crore. The offer will be closing on November 7. At the upper price band, Groww’s valuation works out to 33.8 times FY25 earnings.Ahead of the IPO, Groww secured a little over Rs 2,984 crore from anchor investors on…
Eyewear retailer Lenskart Solutions has opened its initial public offering (IPO) on Friday, aiming to raise Rs 2,150 crore through a fresh issue of shares, while promoters and existing investors will sell 12.75 crore shares via an offer for sale (OFS).The IPO will remain open till November 4 and the company is set to hit…
LG Electronics India IPO: Experts consider the issue reasonably priced in comparison to industry competitors. (AI image) LG Electronics India IPO: South Korean electronics major LG Electronics India’s Rs 11,607 crore initial public offering (IPO) has opened for subscription on Tuesday, garnering robust analyst support and a substantial grey market premium (GMP) of 24%, indicating…
WeWork India, the flexible office operator, is in process to raise Rs 3,000 crore through an offer for sale, which will reduce the promoter stake from 73.6% to 48.1%.The Bengaluru-headquartered company, which runs 68 centres across eight cities including Mumbai, Pune, Hyderabad, Gurugram, Noida, Delhi, and Chennai, has only recently started turning a profit, due…
