Unlisted IPO-Bound Stocks Selling Like Hot Cakes After One-Month Rally

Unlisted IPO-bound stocks selling like hot cakes after one-month rally

In April, SEBI extended NSDL’s listing deadline to July. Vikram Solar received clearance for its Rs 1,500 crore IPO last month, and Hero Fincorp secured approval for its Rs 3,600 crore issue last week.

India's New-Age IPO Wave: $100 Billion Firms Capitalise On Timing, Profitability

India's capital market is seeing a wave of initial public offerings from new-age companies, and industry experts believe this is due to a perfect combination of timing and track record."Most new-age companies are filing for IPOs now because they have proven their track record for profitability," explained Nipun Lodha, director of corporate finance at PL Capital. "If there is a track record of profitability within the company, investment bankers …

This IPO created a buzz even before opening, prices rocketed in the grey market, investors can get 30% profit - News Cubic Studio

Sachirom’s IPO will open for subscription on June 9. Investors will have the opportunity to invest in it till June 11. This IPO has created a stir in the gray market even before its opening. It is trading at a premium of Rs 30 in the gray market. In simple words, investors can make a profit of Rs 30 (about 30 per cent) on each share on listing. However, the situation in the gray market keeps changing constantly. According to market experts, inve…