Key Points
Business News/ Markets / IdeaForge Technology IPO sets a record with over 100 subscriptions and expects strong listing gains..
By June 30, 2023, the public offering was subscribed 85.20 times in the retail category, 125.81 times in the QIB category, and 80.58 times in the NII category...
The anchor investors would receive a total of 3,792,888 shares at a price of 672 per share.Goldman 70% of the stock brokers have recommendation to apply for the IPO..
Based on the number of draft offer documents filed with SEBI, we expect the IPO market to remain vibrant in 2023," Hardick Bora, Co-Head of Equity at Union Asset Management Company said..
Venkatraghavan S, Managing Director - Investment Banking at Equirus also expects to see slightly heightened IPO activity in the next six months.The primary market typically lags behind the secondary market by a few months, he said..
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