ICICI Prudential AMC IPO has a price band of Rs 2,061 to Rs 2,165 per share, valuing the company at around Rs 1.07 lakh crore.
Nephrocare Health Services IPO shares will be listed on both NSE and BSE platforms on December 17, following an investor demand of 13.96 times.
Park Medi World IPO allotment today: The Rs 920-crore IPO was subscribed more than 8 times its offer size between December 10 and December 12.
The listing premium has however missed grey market estimates. Ahead of listing, the unlisted shares of KV Toys India were trading with nearly 54-63% GMP over the IPO price.
The company's market capitalization during debut stood at over Rs 69 crore.
ICICI Prudential AMC IPO continues to see strong institutional support following its Rs 3,021.8-crore anchor book, with Day 2 trends pointing to broad-based participation across categories. With one more day of bidding remaining, investors will now track whether subscription levels build further into the close.
On the BSE, Wakefit shares were listed at Rs 194.10, a discount of 0.46 percent.
Corona Remedies share market debut was better than the expectations in the grey market, which had expected a 32 percent listing gains.
Atomberg will look to file its draft IPO papers likely under the confidential route in January and will aim to list by around March or April of 2026
Shares of Wakefit Innovations Ltd are slated to list on the NSE and BSE today, while The ICICI Prudential AMC IPO enters its second day of bidding. Attention today also turns to IPO allotments for two healthcare companies.
The issue was overall subscribed 8.10 times, attracting bids of nearly Rs 5,500 crore from over 6.45 lakh applications.
Non Institutional Investors (NII) lead the subscription numbers, booking their reserved portion nearly 4 times.
Total four companies worth Rs 830 crore will launch their Initial Public Offerings (IPOs) next week against 15 offers worth nearly Rs 14,800 crore last week, including one from the mainboard segment.
Shiprocket IPO | The professionally managed company proposed raising Rs 1,100 crore by issuing fresh shares, while investors and others will be offloading up to Rs 1,242.3 crore worth shares via offer-for-sale.
Shivganga Drillers IPO | It is entirely fresh issue by the company with no offer-for-sale component.
Sonaselection India IPO | The initial public offering comprises entirely a fresh issue of 1.43 crore equity shares by the company with no offer-for-sale component.
Aspri Spirits IPO | The company proposed to raise Rs 140 crore via fresh shares, while existing shareholders including promoters will be selling up to 50 lakh shares via offer-for-sale.
Analysts said the company has built a stable product portfolio over the years and has seen consistent growth in the domestic market.
For the upcoming week, keep an eye on manufacturing and inflation trends across regions, with several key data releases and rate decisions still to be announced
Analysts said the IPO valuation had been "rerated" on metrics such as price-to-sales, which were higher than some peers.
As ICICI Prudential AMC launches its Rs 10,600 crore IPO, CEO Nimesh Shah says the company’s focus remains firmly on performance over size - beating the benchmark, growing SIP-led inflows and building new profit engines through alternatives and real estate.
Share allotment is likely on December 17, while the stock is proposed to be listed on December 19.
However, by midday, the stock saw profit-booking, slipping into its 5 percent lower circuit limit as IPO investors booked profits in the newly listed SME stock.
Nephrocare Health Services IPO GMP: The allotments will likely be finalized by December 15, and the shares are scheduled to be listed on stock exchanges BSE and NSE on December 17.