Ather Energy IPO, which was the first mainboard public issue of the current financial year, saw a subscription of 1.43 times.
Quality Power Electrical Equipments IPO | The Rs 859-crore initial share sale managed to sail through during February 14-18, subscribing 1.29 times due to muted market sentiment following sharp selling pressure in the broader markets.
Concord Enviro Systems to debut on Dec 27: Analysts remain cautious on the company considering the inconsistency in financial performance, and divided in their opinion on the expected stock performance, though its public issue received decent demand from investors
At the upper band of Rs 321 per share, Sanathan Textiles is valuing at 20.2x its FY24 EPS, while it asked for market capitalisation of Rs 2,709.4 crore,
Godavari Biorefineries IPO: The grey market is also not signalling any major listing premium.
Deepak Builders and Engineers India | But investors need to be cautious as the sharp fall in equity markets might impact some listing gains, according to experts.
Diffusion Engineers IPO shares traded at more than 30 percent premium over the issue price of Rs 168 per share, the market observers said.
According to analysts, investors are advised to hold onto it for the long haul to reap impressive returns
In the grey market, Orient Technologies shares garnered great interest from participants, trading at around 40 percent premium over the issue price of Rs 206 per share, the market observers said.
The company intends to raise Rs 200 crore via fresh issue, and another Rs 400.29 crore through offer-for-sale (OFS), at the upper end of the price band at Rs 850-900 per share.
Its IPO shares seem to be receiving strong demand even in the grey market, trading at around 25-28 percent premium over the issue price, the market observers said.
Unicommerce Esolutions IPO: The grey market seems to be indicating robust debut of the stock on the bourses, as shares were available at around 60 percent premium over the issue price of Rs 108 per share, the market observers said.
Brainbees Solutions raised Rs 4,194 crore through its IPO, which was a mix of fresh issue of Rs 1,666 crore, and an offer-for-sale of 5.4 crore equity shares worth Rs 2,528 crore by the corporate shareholders.
Considering the market mood and the subscription figures, Prashanth Tapse of Mehta Equities believes Ceigall India would witness a listing gain in the range of 5-10 percent on the issue price.
In the grey market, Akums Drugs shares were available at 8-15 percent premium over the issue price.
Sanstar's financial performance was major reason for Prathamesh Masdekar, Research Analyst at StoxBox to hold a positive view of the company. He advised the participants who have been allocated to the issue to hold the shares from a medium- to long-term perspective.
Sanstar IPO | Despite valuations being slightly on the expensive side, the Rs 510-crore initial public offering saw 82.99 times subscription during July 19-23 with investors buying 311.9 crore equity shares against the offer size of 3.75 crore shares.
Bansal Wire's IPO which was open for subscription from July 3 - 5 was subscribed 59.57 times. Shares of the company are set to be listed on the NSE and BSE on July 10.
Vraj Iron and Steel IPO | Robust subscription demand for IPO, positive earnings, reasonable valuation, healthy business prospects and sector tailwind are some of key reasons behind the expected decent listing.
Stanley Lifestyles IPO: The initial public offering of Bengaluru-based company was subscribed 96.98 times during June 21-25, with investors buying 99.32 crore equity shares against offer size of 1.02 crore shares.
DEE Development Engineers IPO | The Rs 418-crore public issue received 99.56 times subscription during June 19-21, with qualified institutional buyers subscribing 201.91 times the allotted quota.
Awfis Space Solutions is asking for a market capitalisation of Rs 2,660 crore at the upper price band.
Haryana-based Emmforce Autotech has closed its Rs 53.90-crore initial public offering on April 25, with a massive 338.87 times subscription. The offer was opened on April 23.
SRM Contractors will be the first listing in the mainboard segment in the new financial year FY25.
In the grey market, Krystal Integrated Services IPO shares are not attracting great interest from participants, trading at around 5 percent premium, the market observers said.