Tue, Oct 1, 2024 5:04 PM
Brent crude falls over 2% to $70/bbl on supply concerns and weaker demand
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Divyadhan Recycling Industries IPO listed with ;a decent 31% premium at ₹84 on the NSE SME on Friday. Divyadhan Recycling Industries had seen strong subscription status following three day biding process that ended on 30 September. The IPO of Divyadhan Recycling Industries received 40.93 times subscription. By September 30, 2024 (Day 3), the public issue had been subscribed 32.43 times.
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Shares of Sahasra Electronics Solutions' initial public offer, one of the biggest SME issues, were off to a robust start after listing at Rs 537.70, commanding a massive premium of 90 percent over the issue price of Rs 283 per share on the NSE SME. The listing gains have topped grey market estimates where shares were trading at a premium of 60 percent.
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Diffusion Engineers was listed at Rs 193.50 on the National Stock Exchanger, a premium of 15% to the issue price. The stock was listed at Rs 188 on BSE, a premium of 12%. Diffusion Engineers GMP, Subscription The company’s stocks were fetching a premium of 34% in the grey market ahead of listing on October 04. The GMP indicated a strong listing on bourses - NSE and BSE.
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