VMS TMT is finalizing its share allotment today for its Rs 148.5 crore IPO, which saw an overwhelming subscription of over 102 times. Retail investors bid nearly 48 times, while non-institutional investors bid 227 times, and QIBs subscribed 120.8 times. The IPO’s grey market premium suggests a potential listing price of around Rs 110 per share.
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