There need to be more disclosures on how valuations have changed between a pre-IPO placement and the issue price, she said. For example, a company sells shares to investors at ₹100 and then asks for ₹450 in an IPO within a few months. A company is free to ask for a higher price, but it needs to disclose what happened in the intervening period which justifies the change in valuation, Buch said.
Sat Kartar Shopping IPO subscribed over 60 times on Day 3 so far. Check GMP, price band and other details
Sat Kartar Shopping’s SME IPO was fully subscribed with an overall subscription of 60.45 times on January 14. The IPO aims to raise Rs 33.80
January 14, 2025