RR Kabel’s Rs 1,964-crore IPO, which comprised a fresh issue size of Rs 180 crore and an offer for sale (OFS) of up to 1.72 crore equity shares, closed on September 15. The company listed within two days of IPO closing, marking the fastest debut by any company after the IPO. On BSE and NSE, RR Kabel shares listed at a 14% premium.
Mcap of top-10 most valued firms slumps Rs 4.95 lakh cr; TCS, Reliance hardest hit
The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities,