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Highway Infrastructure is set to list on the stock exchanges today. Its IPO saw massive oversubscription across all categories. The IPO price was Rs 70 per share. Grey market trends suggest a strong listing, potentially near Rs 94. The company operates in tollway collection, EPC projects, and real estate. IPO funds will support working capital and general corporate needs.
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News and Media
Regaal Resources will launch its Rs 306 crore IPO, closing on August 14, with a price band of Rs 96-102 per share. The IPO comprises a fresh issue and an OFS by the promoter group. Proceeds will be used to repay borrowings. Brokerages recommend subscribing, citing the company's strategic location, efficient procurement, and diversified product portfolio.
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News and Media
Investors await JSW Cement IPO allotment finalisation. The IPO witnessed 7.7 times subscription, driven by institutional interest. Allotment status can be checked via Kfin Technologies or the BSE website. Refunds and demat credit are expected soon. JSW Cement will list on BSE and NSE. Proceeds will fund a new cement unit and debt repayment. Market sentiment will influence listing performance.
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News and Media
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