Rashi Peripherals shares to list tomorrow. What GMP signals ahead of debut
Tue, Feb 13, 2024 6:06 PM

Rashi Peripherals shares to list tomorrow. What GMP signals ahead of debut

A Flip by Avya Verma
Get it on Google Play
The shares of Rashi Peripherals will debut on the exchanges on Wednesday. Ahead of the listing, the company's shares are trading with a premium of Rs 61 in the unlisted market.Considering the upper price band of Rs 311, the stock is expected to list with 20% premium.However, it is important to note that grey market premiums are just an indicator as to how the company's shares are stacked up.

More great flips

KKR to double down on LEAP India as company raises $63 mn

KKR to double down on LEAP India as company raises $63 mn

KKR is set to double down on its bet on LEAP India Pvt Ltd, that is already majority-owned by the PE firm and is raising Rs 535 crore in its latest funding round led. KKR is investing Rs 333 crore in LEAP India’s ongoing fundraising, while Sixth Sense is investing Rs 70 crore, and First Bridge and Madhurima International are investing Rs 60 crore and Rs 50 crore, respectively.

Open Flip
What Nifty’s multiple doji candles & inside bars suggest for Friday trade?

What Nifty’s multiple doji candles & inside bars suggest for Friday trade?

This week nifty traded in a narrow range of 300 points, showing no clear direction. For the last three days index struggled near the 23,870 level on the upside while finding support around 23600 on the downside. This tug of war between bulls and bears led to the formation of multiple Doji candles and inside bars on the daily chart indicating indecision.

Open Flip
MoonPay vies for crypto payment firm Helio Pay

MoonPay vies for crypto payment firm Helio Pay

Crypto payments firm MoonPay is in talks to acquire Helio Pay for nearly $150m, marking its largest acquisition to date. Helio Pay's self-service platform allows content creators and eCommerce merchants to receive crypto payments. The acquisition would expand MoonPay's payment infrastructure and capabilities.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon