Vishal Mega Mart’s ₹8,000 crore IPO, entirely an OFS, saw strong interest from non-institutional investors, reaching 1.53 times subscription. Priced at ₹74-78 per share, the IPO received a ‘subscribe’ rating from analysts, citing the company’s loyal customer base and diverse brand portfolio. The IPO closes today, with allotment expected on December 16.
Pristine Logistics confidentially files IPO docs with Sebi
Pristine Logistics and Infraprojects has confidentially filed its DRHP with Sebi for an IPO. The rail-focused multimodal logistics company is expanding terminals, warehousing and cargo