MapmyIndia Stock List: Today, Tuesday (December 21), there was a good list of shares of MapMindia. Investors have also made huge profits from this IPO. MapmyIndia, a brand of CE Info Systems, is listed at a 53% premium to its share issue price. The issue price of this IPO was Rs 1033 per share and its shares are listed on the NSE at Rs 1565.
This IPO has received strong support from investors. This IPO closed on 13th December. It has 154.71 subscriptions. Although this IPO was an offer for full sale.
The entire IPO was offered for sale
Offer for sale means that the promoters and shareholders of the company are selling their shares. This means that the money raised from the IPO will not go to the company, but to the shareholders who are selling the shares. These include Rashmi Verma, Qualcomm Asia Pacific and Jenin as shareholders.
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This year, many records are going to be set in the case of IPO. Whether it is a matter of raising funds or raising funds. Also on Monday, shares of Bangalore-based real estate company Sriram Properties were listed. However, this IPO has hurt investors. The company’s shares have been listed at a loss of more than 10 percent.
Name list this week
There are going to be many IPO lists this week. Tomorrow, Wednesday, December 22, footwear retailer Metro Brands will have an IPO list. The IPO was open for subscription from 10 to 14 December. It has been subscribed 3.64 times.
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The IPO of pharmaceutical retail chain MedPlus Health Services Limited, India’s second largest pharmacy retailer, will be listed on December 23. At the same time, Data Patterns (India) Ltd., a company that provides electronic systems for the defense and aerospace sectors. The IPO will be listed on December 24.
Fabindia will also bring in IPO
Fab India’s name is also going to be added in the IPO list. The company plans to raise about Rs 4,000 crore through this IPO. Fabindia plans to raise Rs 250 crore in new capital to expand its store network and expand its e-commerce platform. It is said that many investors in the 60-year-old company will sell their shares, which would take the total size of the IPO to Rs 3,800-4,000 crore.
Tags: IPO, Allocation of shares, The stock market, The stock market today, Stock tips