Central Mine Planning and Design Institute Ltd (CMPDI) is set to launch its IPO on March 20, with a modest 2% grey market premium indicating a steady debut. The Rs 1,842 crore offer for sale, priced between Rs 163-172, will not raise fresh capital for the company.
Kusumgar shares jump 10% after solid D-Street debut. What investors should do now?
Kusumgar shares debuted nearly 37% above their IPO price and extended gains in early trade after a heavily oversubscribed public issue. While analysts remain positive