As many as 15 IPOs are on investors’ radar, some of which have already opened for subscription. Grey market premiums signal strong interest for some marquee issues and muted for some other lesser known names. The highest GMP in the pack suggests potential gains of up to 41%, keeping both retail and HNI investors hooked as December momentum builds.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs