Wed, Apr 24, 2024 11:59 AM
Down 90%, Is Zoom Stock (NASDAQ:ZM) Finally a Buy?
A Flip by Shubhangi Gupta
Sai Swami Metals and Alloys will finalise the share allotment for its ₹15-crore initial public offer (IPO) later today, which opened to the public on April 30 and closed on May 3. According to BSE data, the issue attracted bids for 128.98 crore equity shares against the 23.72 lakh equity shares available for subscription. Investors who applied for the issue can check the allotment status.
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After 11 consecutive weeks of outflows, Grayscale Bitcoin Trust ETF has finally experienced positive gain of $63 mn. The continuous cashing out by investors had been a result of the approval and subsequent popularity of competing spot Bitcoin ETFs since January, causing GBTC's outflows to significantly impact the emerging space. The news of GBTC's inflows led to surprise and excitement in market.
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Racks and Rollers IPO allotment status: The Racks and Rollers IPO share allotment will be finalised today (Monday, May 6). Investors who applied for the initial public offer may view the allotment status on the Integrated Registry Management Services Private Ltd - IPO's registrar webpage. Today's basis of allotment enables investors to find out if and how many shares they have been allocated.
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