Kanohar Electricals' ₹1,055.74 crore IPO heads into its final day with a 35% grey market premium and a 2.7x Day-1 subscription. Retail and NII demand are running at 3.30x and 4.87x respectively, but an OFS-heavy structure means 71.6% of proceeds go to selling shareholders. The key question for bidders is whether the ~₹853 implied listing price holds up to fundamentals.
Source: economictimes.indiatimes.com · The Economic Times
Kanohar Electricals' ₹1,055.74 crore IPO opens September 8 with a ₹196 grey market premium implying a 31% listing pop. The deal is OFS-heavy at ₹755.74 crore, so investors must weigh the fresh-issue math against the exit-driven structure.
Source: economictimes.indiatimes.com · The Economic Times
Rentomojo's ₹1,255.57 crore IPO opens for public subscription on September 9 with a price band of ₹384-404. The issue is dominated by a ₹1,105.57 crore offer for sale, while the company receives only ₹150 crore in fresh capital. Investors face a valuation of 38-40x fiscal 2026 earnings.
Source: economictimes.indiatimes.com · thehindubusinessline.com
The Rs 91.05-crore Priority Jewels IPO was subscribed 1.93 times on Day 1, but demand is uneven — retail led at 3.07x while QIBs booked just 44% of their tranche. A 23% GMP implies a Rs 245 listing, offering a potential pop if grey market sentiment holds to the September 4 debut.
Source: economictimes.indiatimes.com · The Economic Times
Milky Mist Dairy Food's ₹1,553 crore IPO lists today with grey market signals near ₹158, a 12.86% premium. Institutional demand was exceptional at 155.83x QIB subscription. Investors are weighing a steep valuation against 31.3% revenue growth and debt-funded expansion.
Source: Dhanya Nagasundaram (in) · economictimes.indiatimes.com
Indian equity markets surged on July 10, 2026, with Sensex gaining over 700 points to trade at 77,441.52 and Nifty reclaiming the 24,000 level. The Nifty IT index led the rally with a 2.08% jump, buoyed by strong earnings expectations and positive global cues, while gold and crude reflected a nuanced risk environment.
Source: newzealandstar.com · oklahomastar.com
Engineered fabric maker Kusumgar's Rs 650-crore offer-for-sale IPO opens July 8 with a grey market premium of Rs 166, implying a 40% listing pop. Strong revenue growth to Rs 692 crore and rising profits underline investor appeal, though the OFS structure means no fresh capital flows to the company.
Source: economictimes.indiatimes.com · economictimes.indiatimes.com
Aastha Spintex's Rs 170 cr IPO opens today with a GMP of 4%. Broker Swastika Investmart gives 'Subscribe' rating, highlighting capacity doubling via Falcon Yarns acquisition. Issue priced at 125-136/share, closing July 1.
Source: economictimes.indiatimes.com · economictimes.indiatimes.com
Indian stock indices, including the Nifty 50 and Sensex, are poised for a positive opening following a wave of bullish sentiment across global markets. This upward momentum reflects easing macroeconomic concerns and a synchronized recovery in international equity markets.
Source: Rttnews · Rttnews
The Indian equity market enters a high-activity phase with five IPOs opening for subscription this week, including four mainboard issues and one SME offering. Investors are pivoting toward Grey Market Premiums (GMP) to navigate listing expectations as the primary market tests retail and institutional liquidity.
Source: economictimes.indiatimes.com · The Economic Times
Clean Max Enviro Energy Solutions has launched its Rs 3,100 crore initial public offering, marking a significant milestone for India's commercial and industrial renewable energy sector. The issue, priced between Rs 1,000 and Rs 1,053, is strategically designed to deleverage the company’s balance sheet with over Rs 1,100 crore earmarked for debt repayment.