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Six public issues expected next week amid market rally
The Morning Standard
|December 16, 2023
THE Initial public offers (IPOS) are looking to reap the benefits of the domestic equity markets, which are at record high over the past one month.
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Over half a dozen IPOs are up for listing next week, and going by the subscription numbers, it seems investors are hoping to make hay while the sun shines.
Subscription of two IPOs -DOMS industries and India Shelter Finance - closed on Friday. DOMS Industries IPO was subscribed 93.52 times with retail investors bidding 69.67 times shares on offer. Non-institutional investors bid 66.51 times and qualified institutional buyers subscribed 66.51 times the IPO size.
Dit verhaal komt uit de December 16, 2023-editie van The Morning Standard.
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