Shares of Waystar, whose backers include EQT AB and Canada Pension Plan Investment Board, opened at $21 each, 2.3% lower than the IPO price. The shares traded at $20.88 each as of 1:43 p.m. The offering of 45 million shares priced at $21.50 apiece, the midpoint of a marketed range. At that price, Waystar has a market … Read more
Ola Electric Mobility, Swiggy Pvt. Ltd, National Securities Depository Ltd (NSDL), Afcons Infrastructure Ltd, and FirstCry operator BrainBees Solutions Pvt. Ltd have already filed with the Securities and Exchange Board of India for their initial public offering of shares. Tata Capital Ltd, JSW Cement Ltd, and Hexaware Technologies Ltd are also expected to join the … Read more
Sector rotation sounds easy to implement, but it can be a complex undertaking. This is because all sectors in an economy do not perform equally well at any given point of time. Different sectors peak and fall at various stages in an economic cycle. By entering or exiting various sectors at the right time, one … Read more
Throughout the year, some of the most anticipated IPOs, such as Tata Technologies, IREDA, JSW Infra, and Cello World, among others, made their debut in the primary markets. Most IPOs this year garnered substantial subscriptions and witnessed positive movements on their listing days. Moreover, equity fundraising through IPOs, as well, witnessed a notable 20 percent … Read more
KP Green Engineering IPO: The initial public offering (IPO) of steel products manufacturer KP Green Engineering Ltd is witnessing strong demand as seen in the subscription status. The ₹189.50 crore KP Green Engineering IPO has been oversubscribed heavily led by retail investors. KP Green IPO is an SME IPO that opened for bidding on March … Read more
GPT Healthcare IPO: The initial public offering (IPO) of hospitals chains and healthcare services provider GPT Healthcare was concluded on February 26. GPT Healthcare IPO received decent investors’ response during the bidding period from February 22 to February 26 and the issue was oversubscribed heavily. As the IPO allotment of GPT Healthcare has been finalised, … Read more