Uniparts India debuts today Engineered systems manufacturer
Uniparts India is on December 12 expected to list at a premium of around 10 percent over the issue price. Though the IPO, which was a complete offer of sale, was subscribed 25.32 times, has reasonable valuations and the company’s financial position is healthy, the listing premium is lower than expected, say analysts. In the grey market, the premium has been hovering around 10 percent over the final issue price of Rs 577, wh...
Key Stock News: Uniparts India, Air India, Jaiprakash Associates, Mahindra Holidays & Resorts India, Paytm - ARETE Securities