Patel Chem Specialities IPO Day 2: Latest GMP, Subscription Status And All You Need To Know

Patel Chem Specialities IPO Day 2: Latest GMP, Subscription Status And All You Need To Know

The initial public offering (IPO) of Patel Chem Specialities continued to witness a strong demand on the second day of bidding on July 28, driven by retail investors. The SME IPO was overall subscribed 8.35 times till 11:49 a.m. on Monday, as per the Chittorgarh data. Patel Chem Specialities IPO received bids for more than 3.8 crore shares against 45.59 lakh shares on offer.

Upcoming IPO: There will be a stir in the IPO market next month, not 1, 2, or 3 but 14 issues will open

Upcoming IPO: In the past two trading sessions, the stock market witnessed massive volatility, causing investors to lose over ₹8 lakh crore. However, the upcoming week may bring relief to investors as a total of 14 IPOs across the mainboard and SME sectors are set to debut. These companies aim to raise over ₹7,000 crore through their public offerings. Let’s take a look at these upcoming IPOs:Mainboard IPOs in the SpotlightFive mainboard IPOs are…

NSDL IPO opens next week: GMP, price, date, other details in 10 points

Source: Live Mint The most awaited National Securities Depository Ltd. (NSDL) initial public offering (IPO) is all set to hit the primary market next week. The NSDL IPO will open for subscription on July 30 and close on August 1. NSDL IPO is a book-building of ₹4,011.60 crores. The issue is entirely an offer for sale of 5.01 crore shares. The NSDL IPO has allocated up to 50 per cent of the shares for Qualified Institutional Buyers (QIBs), at …