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Euro Pratik Sales IPO: The grey market premium on Euro Pratik Sales IPO has fallen further, easing to 0.4% above the 247 issue price, down from 2.5% on Day 2.
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News and Media
VMS TMT's Rs 149 crore IPO has garnered significant investor interest, with an overall subscription of 12.49 times on its second day, driven by strong NII participation. The IPO shares are trading at a 17% premium in the grey market, reflecting positive market sentiment. Proceeds from the IPO will be used to repay borrowings and for general corporate purposes.
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News and Media
Shares of Biocon Ltd rose 2% to Rs 361.25 on the BSE after its subsidiary, Biocon Biologics, received U.S. FDA approval for two denosumab biosimilars, Bosaya and Aukelso. The regulator also granted provisional interchangeability for both drugs, allowing pharmacy-level substitution, which could support broader market adoption and strengthen Biocons position in the biosimilars segment.
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News and Media
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