Despite no new launches, five IPOs that hit the Street last week will likely see their shares getting listed. Among these, Tata Technologies, with a soaring GMP of over Rs 400, is generating a lot of interest among investors and analysts alike on the potential bumper debut. Considering the upper price band of Rs 500, the stock is expected to list at a premium of over 80% as compared to the issue price.
IndusInd raises Rs 11,000 crore via CDs in confidence boost
The fundraising suggests a likely return of investor confidence in the bank after the Reserve Bank of India on Saturday said the private lender has