IPO listing premium the Mazagon Dock and UTI AMC News
Today two IPO Mazagon Dock and UTI AMC companies listed on the NSE and BSE market, Magazon Premium gain the stocks 49 % percent up and UTI shares discount sale on the starting market.
Listing Premium gains the Mazagon Dock 49% percent up the market open time and this premium value market end time lite down the 18.58% percent. The market debut Mazagon Dock price up Rs.216 premium gain the share and second, of time market sell start then market last trading price Rs.171 end. on the market IPO good sign for NSE and BSE market.
Mazagon Dock on Shipbuilders company India, the company makes the Submarine, Warshipe makes, heavy Engineering and Ship repairs that work for this company, A Found year the Mazagon Dock 1934 and company type Public Sector Undertaking, in the Mazagon Headquarters Maharashtra.
In the IPO September 29 starting and end biding time October 1, the market listing today. This Mazagon Dock IPO total subscribers details on Non-institutional investors 678.88x times subscribed and Qualified institutional buyers 89.71x times, Retail investors 35 % percent, Employee investing 3.88x times a company total subscription 157.41x times.
The Company IPO time bid-offer total investors interested in 4,81,64,59,117 Shares. but Issued shares on 3,05,99,017 only Value the Mazagon Dock Rs.444 Crore amount.
The current share price Rs.171.95 today.
UTI AMC issued the IPO on September 29 to end day 1 October 2020 that company today NSE and BSE listed morning 10 Am, but this shares starting time discount sale for Rs.554 sale amount Rs.500 the market. This share total subscription 2.31x times the Initial Public offer amount of Rs.2,160 Crore issued the company, share bid received 6,31,02,348 shares against 2,73,50,957 shares on offer.
The Company IPO time Subscription details Qualified institutional buyers 3.34x times, Non-institutional investors 0.93x times, retail investors 2.32x times, UTI total Subscription 2.31x times. This share negative side goes on the reason the grey market sells the stock and discount sales.
UTI AMC means Unit Trust of India Asset Management Company, a Mutual Funds based Company India fifth largest a Headquarters Maharashtra
UTI current market-changing value Rs.476.
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