IPO● Neutral for Indian equities
New IPO listings: Discount or premium? AceVector, Runwal, Orient, German Green Steel & Power - Check worst, best debut
Four new IPOs debuted on October 5, with Orient Cables performing strongest, rising 65.44%. German Green Steel showed moderate gains, while Runwal Enterprises had a flat opening. AceVector declined 11.50%, marking the weakest performance among the listings.
- Orient Cables leads demand among four IPOs scheduled to list October 5
- IPO News Live Updates: SRIT India, Shah Investor, AceVector, German Green Steel, Runwal Enterprises, Orient Cables IPOs in focus
- German Green Steel IPO: Issue booked 3x so far on Day 2; GMP stands at 21%
Four IPOs list, led by Orient Cables
Orient Cables listed at ₹450, 65.44% above its ₹272 issue price, after subscription of more than 92 times. AceVector opened at ₹28.30, 11.56% below its ₹32 issue price; German Green and Runwal made flat debuts.
Monday, 5 October
- New IPO listings: Discount or premium? AceVector, Runwal, Orient, German Green Steel & Power - Check worst, best debut