Primary Market is buzzing again with large IPOs back after a long slumber.
Adani Power IPO closed today with 18.23 times subscribed till yesterday 5:00 pm
IPO price band of 90-100 is hoping to give premium of 10-12 rupees.
QIBs have shown strong interest with 12 times subscription. Retail participation was only .55 times but latest day will be coming after sometime.
NHPC has price band of 30-36 and grey market premium is ging around 10-12 so good money can be made here. Lot size is 175 shares.
Both the IPOs are Grade 3 ratings
1 comments:
So you got NHPC too :) That was a quick update, dude.
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