Prasol Chemicals opened its IPO for subscription on 8 September, offering investors an opportunity to participate in a company operating in the specialty chemicals sector.
Prasol Chemicals opened its IPO for subscription on 8 September, offering investors an opportunity to participate in a company operating in the specialty chemicals sector.
NSE is reportedly targeting a Rs.5.26 lakh crore valuation for its IPO, with shares discussed at Rs.1,700-1,900 and an expected issue size of around Rs.31,500 crore, potentially making it India’s biggest IPO. The issue is expected to be a 100% OFS and may launch in September, while GMP is reportedly around Rs.270-290. Final details remain unconfirmed. Jio’s mega IPO may also come before Diwali. The two mega IPOs could keep Sensex/Nifty range-bound while draining liquidity from cash stocks.
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