September 28, 2024
The Indian primary market is all set to witness a frenzy of activity in the coming week, with as many as 15 listings lined up to keep investors on the edge of their seats. According to recent reports, 3 new issues are set to hit the market, while a whopping 12 listings are slated to take place in the next seven days.
The excitement is palpable, with market watchers eagerly anticipating the fate of these IPOs. One such IPO that has been making headlines is the KRN Heat Exchanger and Refrigeration IPO, which saw an astonishing subscription of 211.53 times. The issue, which closed recently, has generated a lot of buzz among investors, who are keen to get their hands on the allotment status.
For those who have applied for the KRN Heat Exchanger IPO, the allotment status can be checked online on Bigshare Services and the National Stock Exchange (NSE) website. Investors can follow a few simple steps to check their allotment status, which involves providing their PAN details and application number.
But that's not all. The grey market premium (GMP) for the KRN Heat Exchanger IPO has also been making waves, with reports suggesting that it is trading at a significant premium to the issue price. This has sparked a lot of interest among investors, who are now eagerly waiting for the listing date and time.
The KRN Heat Exchanger IPO subscription figures are also worth noting, with NIIs (non-institutional investors) stealing the show on the second day of the issue. The final subscription figures revealed that the issue was subscribed over 58 times, which is a remarkable feat by any standards.
Meanwhile, market analysts are keeping a close watch on the IPO calendar, which is packed with listings in the coming week. With 12 listings lined up, it's going to be a busy few days for investors and market watchers. But that's not all - 3 new issues are also set to hit the market, which is likely to generate even more excitement.
It remains to be seen how the market reacts to these IPOs, but one thing is certain - it's going to be a wild ride. With so many listings and new issues lined up, investors will have their work cut out for them. But for those who are willing to take the risk, the potential rewards could be substantial.
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