United Heat Transfer shares list at 3% premium over IPO price on NSE SME platform
The shares of United Heat Transfer debuted on the NSE SME platform at a premium of 3.3% on Tuesday. The stock listed at Rs 60.95 as against an issue price of Rs 59. Considering the upper price band of Rs 380, the stock is expected to list at a premium of 29% over the issue…
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Freshara Agro Exports shares to list today. Here’s what to expect
The shares of Freshara Agro Exports will debut on the NSE SME platform on Thursday. Ahead of the listing, the company’s shares traded with a GMP of Rs 80 in the grey market. Considering the upper price band of Rs 116, the stock is expected to list at a premium of 69% over the issue…
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Garuda Construction shares to debut today. GMP indicates flat listing
The shares of Garuda Construction will debut on the exchanges on Tuesday. Going by the grey market trends, the stock is expected to see a negative to flat listing. The IPO received a decent subscription of 7.5 times amid strong demand from retail investors. The company’s financial performance was robust in FY23, however the election…
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Unilex Colours stock debuts with 2.3% premium on NSE SME platform
Unilex Colours and Chemicals made its debut on the NSE SME platform on Thursday, opening with a premium of 2.3%. The stock listed at Rs 89, compared to its issue price of Rs 87. The net proceeds from the public offer will be used for funding working capital requirements, repayment of debt, and other general…
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Akums Drugs and Pharma shares jump 8% post listing. Should you buy, sell or hold?
Akums Drugs and Pharmaceuticals shares jumped 8% to Rs 784.6 following their debut on the exchanges on Tuesday. The stock debuted at Rs 725 on the NSE and BSE, reflecting a premium of Rs 46 or 7% over the IPO price of Rs 679. However, the listing was below expectations, with shares previously trading at…
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