Share Market LIVE Update ,: Amidst mixed trends in the global markets, trading will start in the domestic market today.
Share Market LIVE Blog , | BSE Sensex, Nifty50: Amid mixed trends in the global markets, trading will start in the domestic market today (January 20) on the weekly F&O expiry day. SGX Nifty slipped 0.41 percent on the Singaporean Exchange, due to which the domestic equity market is showing signs of beginning with a fall. During trading today, the focus will be on stocks like Reliance, Vodafone Idea, Airtel, Sobha, Bajaj Auto, L&T Infotech, Tata Communications, HCL and Jet Airways. Apart from this, the results of many companies including HUL, Biocon, Asian Paints, Bajaj Finserv, Havells India, PNB Housing, CCI, Mphasis, Shoppers Stop and Bank of Maharashtra will come today.
AGS Transact Technologies IPO 88% subscribed on Day 1
The IPO of AGS Transact Technologies opened for subscription yesterday and got 88 per cent subscription on the first day. The Retail Individual Investors (RII) category has received 1.32 times the subscription, while the non-institutional investors 1.02 times. Under this first IPO of the new year, shares worth Rs 680 crore will be issued. All these shares will be issued under the Offer for Sale (OFS), through which the existing shareholders, including the promoter of the company, Ravi B Goyal, will sell their stake. The company has announced to issue its shares in the fixed price band of Rs 166 to Rs 175 per share. 85 shares will be issued in one lot, so the minimum investment for an investor in the IPO will be Rs 15,045.
AGS Transact Technologies IPO subscribes 88% on day one, retail investors share 1.32x
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