Indo-MIM IPO Closes 72x Subscribed: QIBs Fuel Late Surge on Final Day

Indo-MIM's IPO saw an explosive surge on its final day, closing 72x oversubscribed. Institutional investors were key, driving demand to over 204 times their allocation. What does this intense interest mean for the company's market debut, and what's the projected listing gain?

Hyundai Motor India Completes Historic Listing on National Stock Exchange

Hyundai Motor India completed its historic 3.3 billion dollar public offering, marking the largest initial public offering in Indian market history. Despite strong institutional backing, the stock debuted at a modest discount reflecting broader cooling trends in the domestic passenger vehicle sector and high valuation concerns among retail investors.

NTPC Green Energy Launches 100 Billion Rupee Initial Public Offering

NTPC Green Energy has launched its INR 10,000 crore public issue in India's primary market. The renewable energy giant aims to utilize proceeds for debt repayment and capacity expansion. The subscription window runs from November 19 to November 22, 2024, with a price band set at INR 102 to INR 108 per share.