RBZ Jewellers traded with volume of 25.6 lakh equity shares on the NSE and 1.26 lakh shares on the BSE.
Credo Brands Marketing listing performance was not even in line with its healthy financial performance and robust IPO subscription numbers.
Happy Forgings traded with volume of 1.4 crore equity shares on the NSE, and 7.64 lakh shares on the BSE.
Earlier this month, Doms Industries, Flair, India Shelter Finance and Inox CVA listed on the bourses, while Azad Engineering is set to start trading on Thursday.
Innova Captab IPO: Successful investors will get equity shares in their demat accounts by December 28, while their shares will be available for trading on BSE and NSE with effect from December 29
Azad Engineering IPO: The Rs 740-crore issue is a combination of fresh issue of shares and OFS.
While Credo and RBZ Jewellers had a tepid debut, Happy Forgings saw a bumper listing.
The firm reported revenue of Rs 30.29 crore in FY23 against Rs 34.44 crore a year ago. Net profit for the year stood at Rs 7.80 crore against Rs 8.64 crore a year ago
Retail investors bought 15.09 times and high net-worth individuals picked 62.17 times the allotted quota, while qualified institutional buyers (QIBs) picked 220.48 times their reserved portion
In the details of the objectives of the IPO, the company said a portion of the proceeds will be used for capital expenditure to be incurred by OCT for expansion of the capacity of cell manufacturing plant from 5 GWh to 6.4 GWh.
Credo Brands Marketing IPO: Mufti Menswear IPO shares attracted strong interest in the grey market, trading at around 35-40% over the issue price of Rs 280 per share, analysts on anonymity said
RBZ Jewellers is a gold jewellery manufacturer specialising in the creation of antique designs. The company's wholesale customer base includes reputed national, regional and local family jewellers across 19 states and 72 cities in India
Analysts suggest Suraj Estate Developers presents a viable hold opportunity for medium to long-term investors
Innova Captab IPO | The trading in its equity shares will commence on the BSE and NSE with effect from December 29.
The SME IPO, which raised around Rs 6.88 crore, opened for subscription on 18 December and closed on December 20.
Suraj Estate Developers' Rs 400 crore IPO was subscribed by 15.65 times, with investors bidding for 12.88 crore shares against the offer size of 82.35 lakh shares.
Tata Technologies, DOMS Industries, JSW Infrastructure, IREDA, and Cello World became the most lucrative IPOs of 2023
As we bid adieu to 2023, let's take a look at the most subscribed IPOs of the year
The grey market investors also seem to be bullish on the jewellery retailer as they have given a premium in the range of 100-140 percent over the issue price of Rs 55 per share, analysts on anonymity said
As per the report, the sale values FirstCry in the range of $3.5-3.75 billion. SoftBank had invested $400 million in FirstCry at an enterprise valuation of $900 million.
The real estate construction company specialises in the redevelopment of tenanted properties in Mumbai, with a primary operational focus on the South-Central region, covering Mahim, Matunga, Dadar, Prabhadevi, and Parel.
Muthoot Microfin's IPO received decent interest from investors with the issue being subscribed 11.52 times. QIBs led from the front, as they bid 17.47 times their allotted quota.
Azad Engineering IPO | The grey market investors seem to be very bullish on the IPO.
Amongst the IPOs and listings, all eyes will be on the eight listings scheduled in the coming truncated week in the mainboard segment, though the action will be more in the SME segment.
Mainboard IPO capital in 2023 records a slight dip to Rs 52,000 crore amid global volatility; increased issuances suggest resilience. Bullish outlook prevails for 2024.