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, Bloomberg
LG India’s bankers hauled in higher fees than Tata’s bigger IPO
LG Electronics India’s smaller IPO proved more lucrative for its bankers than Tata’s larger deal, with higher fees per bank. While both companies debuted successfully on the Mumbai exchange, LG’s offering saw massive oversubscription, highlighting the strong market appetite and premium pricing for the issue.
- Duroflex files DRHP with Sebi for Rs 183 crore IPO, plans expansion of retail network, ETMarkets.com
- Groww, Lenskart headline another IPO wave worth Rs 40,000 crore in next two months, ETMarkets.com
- Midwest IPO Day 2: GMP rises; issue booked nearly 2x. Check key details and investment outlook, ETMarkets.com
- Prasol Chemicals files papers with Sebi to mobilise Rs 500-cr via IPO, PTI
- Fossil India is said to weigh IPO that could raise $400 million, Bloomberg
, ETMarkets.com
Midwest IPO Day 1: Issue subscribed over 1.25 times so far; check GMP, and other key details; Should you invest?
Midwest's Rs 451-crore IPO saw strong demand on Day 1, subscribed 1.31 times with a grey market premium of 11.74%. The company, a leading Black Galaxy Granite producer and exporter, plans to use funds for expansion and debt prepayment. Analysts suggest a neutral stance due to premium valuation.
- Urban Company, 2 other September-listed stock..., ETMarkets.com
- Midwest IPO opens today: Check GMP, subscript..., ETMarkets.com
- Canara HSBC Life IPO allotment date today: Ho..., ETMarkets.com
- Canara HSBC Life IPO closes with 2.29x subscr..., ET Bureau
- Amir Chand Jagdish Kumar gets Sebi's nod to r..., PTI
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