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Hy-Tech Engineers shares debuted strongly on 1 September, rising up to 41.51% on NSE. The IPO was highly successful, with a subscription of 244.41 times. The company has updated its IPO size to ₹60 crore, reallocating funds for expansion and other purposes.
Lumino Industries IPO allotment is expected to be finalised today, September 1, with the Rs 700-crore issue set to list on BSE and NSE on September 3. The IPO’s GMP is around 59%, signalling expectations of a strong debut, though grey-market trends are unofficial and volatile.
Symbiotec Pharmalab IPO listing: Symbiotec Pharmalab shares were listed at ₹978.20 on the BSE, down 1% from the issue price of ₹988. On the NSE, the stock debuted flat at ₹988.
Priority Jewels IPO entered its final day of bidding with the issue subscribed 21.23 times on Day 2, led by strong retail and NII demand. The IPO is also commanding a 23% GMP, indicating expectations of a potentially healthy listing gain, while Anand Rathi has assigned a “Subscribe for Long Term” rating, citing the company’s…
Rays of Belief IPO opens for subscription today, with the Rs 125-crore issue entirely comprising a fresh issue of 52.30 lakh shares. Priced at Rs 227–239 per share, the IPO has attracted a 20% grey market premium. The company raised Rs 50 crore from anchor investors ahead of the issue, with shares scheduled to list…
Sales rise 19.10% to Rs 203.41 crore
Sales rise 43.56% to Rs 973.45 crore
At 09:30 IST, the barometer index, the S&P BSE Sensex, declined 39.69 points or 0.05% to 76,917.58. The Nifty 50 index lost 28.70 points or 0.12% to 24,056.70.