Regaal Assets Inventory Itemizing: Shares of Regaal Assets made a stellar debut on Dalal Road on Wednesday, August 20, itemizing at a premium to their subject worth.
On the BSE, the inventory listed at Rs 141.80, whereas on the NSE it debuted at Rs 141, towards the problem worth of Rs 102. This means a 38–39 per cent itemizing good points for traders.
IPO Subscription: Large demand throughout classes
The IPO was oversubscribed 159.9 instances total, with heavy participation throughout classes:
QIBs: 190.9 instances
NIIs: 356.7 instances
Retail: 57.8 instances
Zee Enterprise Managing Editor Anil Singhvi expects the inventory to listing within the Rs 125–130 vary. He suggested short-term traders to maintain a stop-loss close to Rs 115 and path it thereafter.
IPO Particulars
The worth band was set at Rs 96–102 per share, with a minimal software dimension of 144 shares (Rs 13,824 for retail traders).
Anchor Traders
Forward of the IPO, the corporate raised about Rs 92 crore from anchor traders.
(This story will likely be up to date shortly.)
