Lenskart is expected to file its red herring prospectus (RHP) in the week of October 22 and plans to list on the stock exchanges no later than November 12, a source told Moneycontrol
The funds are likely to be utilised for absorbing incremental credit costs owing to the merger of Tata Motors Finance with Tata Capital.
Borana Weaves' unlisted shares were trading with a GMP of 24% over IPO price, while those of Belrise Industries were trading with 11% GMP over IPO price, as per Investorgain.
Dealers say Syrma SGS is already commanding a premium of Rs 20 in the grey market — or an unofficial market for unlisted securities.
Market watchers expect it to recover in a day or two
Luxury watch insiders deliberate on the menace of timepieces sold on the sly underground, sometimes by brands and authorised dealers themselves.
Moneycontrol explains what a grey market is and how it influences the listing day price of companies going public.
Owner of supermarket retail chain will list on the stock exchanges after having already raised Rs 561 crore from anchor investors; grey market premium seen higher
Jagran Group firm had seen an oversubscription of over 39 times; firm to use proceeds to redeem its NCDs
Company made the announcement in a public notice on Wednesday; plans to raise Rs 1,870 crore through the issue which opens on March 8 and closes on March 10, 2017.
Company made the announcement in a public notice on Wednesday; plans to raise Rs 1,870 crore through the issue which opens on March 8 and closes on March 10, 2017.
Company made the announcement in a public notice on Wednesday; plans to raise Rs 1,870 crore through the issue which opens on March 8 and closes on March 10, 2017.
Expressing concerns over a fast-growing grey market in the financial sector, Sebi chief U K Sinha today called for a single watchdog to regulate all entities collecting public money under various illegal means.
It is the first big ticket IPO of 2012 and today, India's leading commodity exchange – the MCX will list its shares expectedly at a premium on the bourses.