UNCOVERED: 6 - The Untold Story

Rays of Belief shares make flat market debut, list at IPO price of Rs 239

Rays of Belief Ltd shares debuted flat at Rs 239 on September 8, matching the IPO price. The Rs 125 crore IPO saw overwhelming subscription across all investor categories. The company plans to use IPO proceeds for expanding learning infrastructure and technology upgrades. Financials show strong revenue growth but a…

The Economic Times · Sep 8

Police Seen Punching Suspect's Head During Piccadilly Gardens Arrest, GMP Says Footage Lacks Full Picture

A viral video showing a Greater Manchester Police officer allegedly punching a man during an arrest has sparked concerns over police conduct. The incident involved injuries to two officers.

International Business Times UK · Sep 7

Pranav Constructions IPO subscribed over 5 times on Day 1. GMP signals 36% upside. Should you subscribe?

Pranav Constructions IPO saw strong investor demand, oversubscribing 5.69 times on the first day. The issue is commanding a 36% premium in the grey market, indicating potential listing gains. The company plans to use IPO proceeds for redevelopment expenses and debt repayment. Pranav Constructions has a portfolio of 65 projects…

The Economic Times · Sep 7

Deepa Jewellers IPO Day 3: GMP falls to 13%, issue booked 42x

The Deepa Jewellers IPO received a strong investor response, with overall subscriptions reaching 42.61 times the offer size. Grey market premiums indicate a slight caution, though still showing a healthy interest. The company plans to use the raised funds for working capital and inventory expansion. Analysts suggest subscribing to the…

The Economic Times · Sep 3

Purple Style Labs IPO allotment likely today. Check status, GMP and listing outlook

The retail portion was subscribed 1.66 times, while the QIB portion, excluding anchor investors, was booked 1.5 times. The non-institutional investor category saw 0.89 times subscription. The company’s shares are expected to list on BSE and NSE on September 7. Refunds and credit of shares to demat accounts are likely…

The Economic Times · Sep 3

Kwick Forensic Solutions shares debut at 67% premium over IPO price on BSE SME platform

The IPO, which opened for subscription on August 27 and closed on August 31, witnessed an extraordinary response from investors, with the issue subscribed a staggering 289 times overall.

The Economic Times · Sep 3

Lumino Industries shares list at 34% premium over IPO price

The Rs 700-crore IPO was offered in a price band of Rs 78–Rs 82 per share. The issue comprised a fresh issue of Rs 500 crore, involving 6.10 crore shares, and an offer for sale (OFS) of Rs 200 crore, involving 2.44 crore shares sold by promoters Devendra Goel and…

The Economic Times · Sep 3

Rays of Belief IPO Day 2: GMP holds at 16%; subscription hits 1.18x. Should you apply?

Rays of Belief IPO entered its second day of bidding after receiving a healthy response on Day 1, led by retail investors. The issue’s GMP stands at around 16%, signalling positive investor sentiment and expectations of a strong listing, though GMP is not an official indicator of listing gains.

The Economic Times · Sep 2

Priority Jewels IPO allotment likely today: GMP signals 14% listing gain. Here’s how to check status

Priority Jewels IPO allotment is likely to be finalised today after the Rs 91.05 crore issue was subscribed 100.45 times. With the IPO’s GMP at around Rs 28, or 14%, investors are expecting a potentially strong listing on September 4. Here’s how investors can check their allotment status through the…

The Economic Times · Sep 2

ESDS Software Solution IPO allotment likely today: GMP at 60%; here’s how to check your status

ESDS Software Solution’s ₹720-crore IPO allotment is expected to be finalised today, ahead of its September 4 listing. The issue was subscribed 135.88 times. The IPO’s GMP is around 60%, indicating strong demand and the potential for a sizeable listing gain if the trend holds.

The Economic Times · Sep 2