Popular Vehicles & Services IPO Listing Highlights: Muted debut! Shares list at over 1% discount - Check stop loss by Anil Singhvi
Popular Vehicles & Services IPO Listing Highlights, Popular Vehicles Share Price NSE, BSE today: The shares of Popular Vehicles & Services Ltd made a muted debut on Tuesday as they got listed at a discount of around 1 per cent to the issue price of Rs 295 on the BSE.
The stock was listed at Rs 292, a discount of 1.02 per cent over its issue price on the BSE. It got listed at 1.97 per cent at Rs 289.20 on NSE.
Earlier The IPO received 1.23 times the subscription on the closing day of bidding on Thursday. Zee Business Managing Editor Anil Singhvi advised investors to subscribe for the long term.
Follow Zee Business Blog for all the latest updates on Popular Vehicles & Services Share Price Listing on NSE, BSE:
Popular Vehicles & Services IPO Listing Highlights, Popular Vehicles Share Price NSE, BSE today: The shares of Popular Vehicles & Services Ltd made a muted debut on Tuesday as they got listed at a discount of around 1 per cent to the issue price of Rs 295 on the BSE.
The stock was listed at Rs 292, a discount of 1.02 per cent over its issue price on the BSE. It got listed at 1.97 per cent at Rs 289.20 on NSE.
Earlier The IPO received 1.23 times the subscription on the closing day of bidding on Thursday. Zee Business Managing Editor Anil Singhvi advised investors to subscribe for the long term.
Follow Zee Business Blog for all the latest updates on Popular Vehicles & Services Share Price Listing on NSE, BSE:
Latest Updates
Popular Vehicles & Services IPO Listing LIVE, Popular Vehicles Share Price NSE, BSE today: Price settles at 1.01% discount to issue price in pre-open market
In the pre-opening session, Popular Vehicles & Services shares settled at Rs 292 on the NSE, a discount of 1.01 per cent to the issue price of Rs 295.
Popular Vehicles & Services IPO Listing LIVE, Popular Vehicles Share Price NSE, BSE today: Check stop loss by Anil Singhvi
The IPO had a price range of Rs 280-295. Zee Business Managing Editor Anil Singhvi said that short term investors must keep a stop loss of Rs 290.
Popular Vehicles & Services IPO Listing LIVE, Popular Vehicles Share Price NSE, BSE today: Anil Singhvi's View
According to Zee Business Managing Editor Anil Singhvi, the issue got a muted response and the listing is expected to be at a discount.
Popular Vehicles & Services IPO Listing LIVE, Popular Vehicles Share Price NSE, BSE today: Proceeds to be used for debt payment
Proceeds of the fresh issue will be used for debt payment and general corporate purposes.
Popular Vehicles & Services IPO Listing LIVE, Popular Vehicles Share Price NSE, BSE today: Garnered Rs 180.17 crore from anchor investors
Popular Vehicles and Services garnered Rs 180.17 crore from anchor investors.
Popular Vehicles & Services IPO Listing LIVE, Popular Vehicles Share Price NSE, BSE today: Fresh issue of up to Rs 250 crore
The IPO had a fresh issue of up to Rs 250 crore and an Offer For Sale of up to 1,19,17,075 equity shares.
Popular Vehicles & Services IPO Listing LIVE, Popular Vehicles Share Price NSE, BSE today: QIBs got subscribed 1.97 times
The quota for Qualified Institutional Buyers (QIBs) got subscribed 1.97 times while the category for Retail Individual Investors (RIIs) fetched 1.05 times subscription. The portion for non-institutional investors received 66 per cent subscription.
Popular Vehicles & Services IPO Listing LIVE, Popular Vehicles Share Price NSE, BSE today: IPO received bids for 1,77,74,350 shares
The Rs 601.55 crore-IPO received bids for 1,77,74,350 shares against 1,44,15,110 shares on offer, as per NSE data.
Popular Vehicles & Services IPO Listing LIVE, Popular Vehicles Share Price NSE, BSE today: IPO subscribed 1.23 times
The Initial Public Offer (IPO) of Popular Vehicles and Services received 1.23 times subscription on the closing day of bidding on Thursday.
Popular Vehicles & Services IPO Listing LIVE, Popular Vehicles Share Price NSE, BSE today: Price range of Rs 280-295
The Rs 601.55 crore IPO had a price range of Rs 280-295 a share.