IPO● Neutral for Indian equities
IPO bonanza: 29 companies to list this week; GMPs signal returns of up to 59%
The brief
- Twenty-nine companies are set to list this week after a busy fundraising period
- Grey market trends are mixed, with some GMPs signalling returns of up to 59%
- IPO investors face a crowded listing week, while grey-market signals remain mixed
- Sebi to issue Closing Auction Session framework after reviewing over 3,500 comments
- Airtel Money sets London IPO price at £1.96, targeting £529 million
- No relook at bourses' self-listing rule for now, says Sebi chief
- BSE share price dips 3% as Goldman Sachs, BNP Paribas sell 1.7% stake worth ₹2186 crore
- SEBI chief says no panel is considering exchange self-trading or self-listing