Strengths, Risks, and Financials to Consider Northern Arc Capital’s IPO, open from September 16 to 19, has garnered significant interest, with a subscription rate of 17.27 times by the third day. The company, a non-deposit-taking NBFC, boasts strong sectoral expertise and a large rural market presence. However, it faces risks such as high competition and…
Bajaj Housing Finance shares have surged 159% from their IPO price of ₹70, hitting ₹181.48 on Tuesday. Phillip Capital has given a ‘Buy’ rating, with a target price of ₹210. Analysts suggest holding the stock for the long term but also recommend booking some profits at current levels. This IPO is considered one of the…
Bajaj Housing Finance Limited’s IPO, set to open on September 9, 2024, aims to raise ₹6,560 crore. The offer includes a fresh issue of ₹3,560 crore and an Offer for Sale (OFS) of ₹3,000 crore. The IPO will be available for subscription until September 11, with a price band announcement on September 3. Qualified Institutional…
The Orient Technologies IPO saw huge demand, with investors subscribing 151.71 times the available shares. Today, investors are waiting to see if they’ve secured any shares, with the allotment results which are announced soon. Price range varies ₹195-₹206 per share, the IPO attracted a lot of interest, and the company’s stock is set to start…
A Premium Start, But What’s Next for Interarch Building Products? Interarch Building Products had a thrilling IPO debut, listing at a 44.3% premium on the NSE. However, the stock quickly dipped by 6%, leaving investors questioning its future. Despite strong financials and a well-established brand, the company faces risks tied to cyclical markets and high…
