UNLISTED MARKET

IPO-bound firm doubles investors' wealth in 9 months in grey market

Unlisted shares of the Studds Accesories are trading at Rs 950-975 in the unlisted space, almost doubling on their March price of Rs 450-47...

Burger King grey market premium surges 56% ahead of IPO

The Rs 810 crore offer would comprise of Rs 450 crore of fresh issue and offer for sale of up to 6 crore equity shares by promoter QSR Asia...

Up 400% in two years, one of Damani's favourite unlisted bets spinning money

RK Damani held 2.39 per cent (73,69,263 shares) of the company as of March 31, 2019. His shareholding increased by 55 basis points to 2.94 ...

'Amazon seeking to exercise control over Future Retail without owning a stake'

Amazon had in August last year bought 49 per cent in one of Kishore Biyani-led Future Group's unlisted firms, with the right to buy into th...

Multibagger bets, anyone? Some analysts suggest unlisted names

Dealers of unlisted shares say this space is not for traders; but investors with a long-term outlook can hope to earn hefty returns, if the...

Rs 40 lakh a share! Unicorn stocks get supernatural valuations in unlisted market

There are projections that India will witness at least 10 IPOs from internet companies over the next 3 years, and Swiggy, Unacademy and Riv...

Unlisted InvITs can not raise funds via rights issues

The regulator said the minimum allotment to any investor will be Rs 1 crore. Besides, the rights issue should open within three months from...

Reliance Retail unlisted shares defy gravity, quadruple price in 10 months

Reliance Retail has surpassed listed blue chips like HUL and HDFC Bank in terms of market cap. That’s when Reliance Industry itself is valu...

Grey market cold to Equitas SFB on lack of HNI interest, cloud over financials

The qualified institutional investors segment was subscribed 3.9 times, the retail investors category 2.08 times and the non-institutional ...

IPO watch: Equitas SFB is no match to listed & unlisted peers

Choice Broking has a 'neutral' rating on the Equitas Small Finance Bank IPO. Emkay Global Financial Services has a ‘buy' recommendation on ...

Now, tax worry haunts unlisted share market

Private equity firms are the dominant holders of unlisted shares. Before the clarification, the industry assumed that the law wasn’t intend...

Grey market sees up to 80% listing pop for Mazagon, weak start for UTI AMC

According to the dealers of unlisted space, Magazon Dock Shipbuilders was available at a premium of somewhere between Rs 105-116 on Saturda...

Grey market turns choosy, sends out mixed signals for UTI, Mazagon, Likhitha Infra IPOs

The recent robust listings and solid subscription levels have kept the grey market busy. Activity in the unofficial market for trading in u...

Ownership change drives up this unlisted stock 400% in 18 months

Dealers of unlisted shares said the stock, which debuted at Rs 26-28 in early 2019, used to trade at Rs 35-40 at the start of 2020. They ha...

IPO watch! Angel Broking stock gets Rs 55-75 premium in grey market

Brokerages dealing with unlisted shares felt the price band was around Rs 25-30 higher than what the grey market was expecting.

From Happy to Euphoric: Surprise 151x IPO bids lift Happiest Minds' grey market premium to 80%

Data showed there are only four issues in last five years that saw higher subscription levels than that of Happiest Minds: Capacit'e Infrap...

Grey market premium of Happiest Minds shoots up 75% ahead of IPO

The IPO by the digital transformation IT consulting and services company would include a fresh issue of Rs 110 crore and an offer for sale ...