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TATAMOTORS

Reputation: 642,713 • Nov 22, 2023 9:36 PM

IPO Tracker: 4 out of 5 issues fully subscribed; Fedbank Financial lags

The IPO of IREDA was booked 3.41 times so far on the second day of the bidding process, led by strong interest from non-institutional investors, whose category was subscribed 5.73 times. IREDA shares are commanding a premium of Rs 10 in the unlisted market against an offer price of Rs 31.

The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• The IPO of IREDA was subscribed 3.41 times on the second day of bidding, with strong interest from non-institutional investors.
• Four out of the five IPOs currently open for subscription were fully booked.
• Tata Technologies, which opened today, saw a subscription of 3.95 times and is trading at a premium of Rs 355 in the grey market.
https://economictimes.indiatimes.com/markets/ipos/fpos/ip...
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