The Rs 22,569-crore NSE IPO opened for subscription on Thursday and was 9 per cent subscribed within the first day. The issue, priced at Rs 1,700-1,785 per share, closes September 21, with listing expected on September 24
Vidya Wires Ltd’s Rs 300-crore IPO was fully subscribed within hours, receiving bids for 5.07 crore shares against 4.33 crore on offer. Retail investors oversubscribed 1.91 times. Proceeds will fund new projects, debt repayment, and general corporate purposes
Governance advisory firm InGovern has highlighted risks in LG Electronics India’s IPO, including Rs 4,717 crore in disputed tax claims, royalty payments to the South Korean parent, and high promoter stake, which could impact minority shareholder influence and profit margin
