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Identical Brains Studios' 20 crore SME IPO opened for subscription on December 18 and closes December 20. The VFX studio offers shares at 51-54 apiece, with a GMP of 38. Proceeds will fund office renovations, a new Lucknow branch, and working capital.
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News and Media
Mobikwik shares are set to debut on Wednesday with a grey market premium of Rs 160, indicating a potential 57% premium over the IPO price of Rs 279. The Rs 572 crore IPO was oversubscribed 119 times. The company plans to use the proceeds for growth and expansion.
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News and Media
Vishal Mega Mart shares are set to debut on Wednesday with an expected premium of over 28%. Strong demand from institutional investors propelled the offer, despite being entirely an OFS. Analysts predict a decent listing gain of 20-25%, advising profit-booking for short-term investors while encouraging long-term holding.
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News and Media
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