While strategies like using multiple Permanent Account Numbers (PANs) or shareholder quotas might slightly improve allotment chances, the odds still remain slim. Bajaj Housing’s recent blockbuster IPO, for example, saw prices double, but few managed to secure the shares. So much so, that X (formerly Twitter) was flooded with memes highlighting the struggle to secure … Read more
The initial public offerings (IPO) momentum in the primary market is all set to continue in the upcoming week as three new public issues will open for bidding next week. Unicommerce and Firstcry will debut on the mainboard segment, while Aesthetik Engineers will be the only SME IPO. Post Budget, IPO activity has picked up … Read more
The Indian equity market is experiencing a robust bull run, climbing steadily despite several challenges. Domestic equity benchmarks Sensex and Nifty 50 recovered from post-budget losses and added 0.9 per cent and 1.24 per cent, respectively, for the week, posting the eighth week of gains — registering their best weekly winning streak in the last … Read more