Suryoday Small Finance Bank, Kalyan Jewellers listing preview: Ahead of the Suryoday Small Finance Bank stock market listing, Zee Business Managing Editor Anil Singhvi has come out with his preview. The market Guru was not very enthusiastic about Suryoday Small Finance Bank's debut.  

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Zee Business Managing Editor said that Suryoday Small Finance Bank will see a discount listing of around of Rs 50.  Against its issue price of Rs 305, it may be listed in the range of Rs 250-275.  Taking to Twitter, he wrote, "Suryoday SFB Listing Preview: -Expect to list in 250-275 range against issue price of 305 -Only High risk-taking Long-term Investors can HOLD."

Suryoday Small Finance Bank IPO had opened on March 17 and closed on March 19. The Rs 582-crore public issue was subscribed 2.37 times. The retail individual investors category was subscribed 3.09 times. The qualified institutional buyers (QIBs) category was subscribed 2.18 times. The non-institutional investors category was subscribed 1.31 times. The price range for the offer was Rs 303-305 per share. The company has set minimum investment of Rs 14,945 for one lot. Talking about this IPO.

Earlier on Kalyan jewellers listing, Singhvi said investors applying for listing gains from Kalyan Jewellers IPO can avoid applying. There may not be even 20% – 25% listing gain in Kalyan Jewellers IPO, says Singhvi.  

"Kalyan Jewellers Listing Preview: -Given AVOID rating. Expect to list below issue price of 87."