BMW Ventures IPO, a Rs 231.66 crore fresh issue, saw a muted response with 1.5x subscription as of September 26. QIBs led the bidding, while retail participation was nearly full. The allotment will be finalised on September 29, ahead of the October 1 listing, with a grey market premium indicating modest gains.
BSE shares fall 2% as NSE makes market debut. Here’s why Macquarie sees 22% upside
On Thursday, BSE shares fell by 1.5%, coinciding with NSE’s much-anticipated market debut after a lengthy IPO process. The initial response from analysts was varied;