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IPO● Neutral for Indian equities
Runwal Ent IPO: Concentration risk, poor cash flows keep experts 'neutral'
The brief
- SBI Securities assigned Runwal Enterprises IPO a 'Neutral' rating
- Negative operating cash flows persisted over the last three years
- IPO GMP: Moneyview, A One Steels, Orient Cable, German Green, Ace Vector, Runwal - check subscription, allotment date
- Orient Cables leads four IPOs with a reported 33% grey-market premium
- Orient Cables vs Runwal Enterprises Vs AceVector Vs German Green IPO Day 2: Subscription Status, GMP And Price Band
- Runwal Enterprises, German Green Steel and Power raise ₹149 crore, ₹91 crore from anchor investors
- Up To 41% Listing Day Gains? What IPO GMPs Of Orient Cables, Snapdeal, Runwal & German Steel Indicate
Runwal Enterprises IPO
Runwal Enterprises raised ₹149 crore from anchor investors ahead of an IPO valued at about ₹499.83 crore. SBI Securities assigned a Neutral rating, citing negative operating cash flows over the past three years and concentration risk.
Friday, 25 September
- Runwal Ent IPO: Concentration risk, poor cash flows keep experts 'neutral'