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
Blue-chip stocks vs SME IPOs: Amid the growing excitement surrounding Small and Medium Enterprises (SME) Initial Public Offerings (IPOs), investors are increasingly drawn to the high-growth potential these offerings present. SME IPOs have recently captured significant attention due to their substantial listing day gains. When evaluating investment options for long-term growth, choosing between blue-chip stocks … Read more
The initial public offering (IPO) of My Mudra Fincorp, which opened today, received a healthy response from investors, with the IPO being subscribed 5.77 times. Retail investors showed particularly high interest, as their portion was subscribed to 5.95 times. The non-institutional investor (NII) portion and QIB was also well-received, with a subscription rates of 3.58 … Read more
The allotment for Trom Industries IPO is expected to be finalised today. Investors can check their allotment status through the registrar, KFin Technologies. The IPO, which was open from July 25 to July 29, received a solid response from all investor categories. The retail portion was subscribed to 483 times, the NII portion 751 times, … Read more