Relevant for Exams
BANKINGSSC
11 IPOs, including Gujarat Kidney, to open next week, hinting at up to 57% listing gains.
Summary
The financial market is set to witness 11 Initial Public Offerings (IPOs) next week, with companies like Gujarat Kidney and Shyam Dhani Industries leading the charge. Grey Market Premiums (GMPs) suggest potential listing gains of up to 57%. This activity underscores the role of primary capital markets in fundraising for companies and provides insights into investor sentiment, which is a general economic concept relevant for finance-related competitive exams.
Key Points
- 1A total of 11 Initial Public Offerings (IPOs) are slated to open in the upcoming week in India.
- 2Prominent companies launching IPOs include Gujarat Kidney and Shyam Dhani Industries.
- 3Grey Market Premiums (GMPs) are indicating potential listing gains of up to 57%.
- 4An IPO signifies a private company's first offering of shares to the public, facilitating capital raising.
- 5Grey Market Premium (GMP) is an unofficial, early indicator of an IPO's demand and expected listing price before official trading.
Full Article
Next week, 11 IPOs, led by Gujarat Kidney and Shyam Dhani Industries, are set to open, with grey market premiums signalling potential listing gains of up to 57%.
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