Considering the upper price band of Rs 115, the stock is expected to list at a premium of 130%. The public offer of Alpex Solar was subscribed 300 times at close. The category reserved for retail investors was booked 350 times and that of NII investors was subscribed 500 times.
F&O Talk| Indian markets in mature uptrend, Nifty now eyeing 26k: Rahul Ghose
Markets snapped their five-week-long consolidation trend, driven by improving global cues, easing geopolitical concerns, and a renewed uptick in foreign institutional investor (FII) buying during