IPO● Neutral for Indian equities
IPO Buzz: Orient Cables To Shah Investor's — Six Mainboard Listings Next Week, One SME Issue To Open
The brief
- Six mainboard listings are scheduled for next week
- R.K. Fashion Accessories is the only fresh IPO opening; its NSE SME issue runs October 5-7
- India sets September IPO record despite stock-market weakness
- Code red! NSE breadth breaks down as 350 out of 500 stocks crash up to 60% in two month selloff
- Moneyview lists at about 63% premium to its IPO price
- SEBI chief says no panel is considering exchange self-trading or self-listing
- Adroit Industries lists at up to 86.57% premium; shares hit upper circuit