Western Carriers vs Arkade Developers vs Northern Arc Listing Today :The IPO market is witnessing a lot of action today on Tuesday, 24 September 2024. Today 3 mainboard IPOs have been listed in the market. The companies whose shares have been listed on BSE and NSE include Western Carriers, Arkade Developers and Northern Arc. Subscriptions for all three IPOs closed on 19 September 2024. All three have received high subscription from investors, while there was a tremendous craze about them in the grey market as well. If you have been allotted shares of any of these, then you can check the listing gains.
IPO Market 2024
The year 2024 is proving to be the year of IPOs. This year there are many IPOs which have proved to be no less than a lottery for investors. This can be gauged from the fact that among the new stocks listed this year, there are 7 such stocks which are trading at double or triple the price of their IPO price. These have given returns of 100 percent to 262 percent. At the same time, there are 19 stocks which have given returns between 50 percent to 95 percent. Only select stocks are trading in the negative zone.
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Sep 24, 2024 10:01 IST
Western Carriers (India) Listing News
Western Capital’s stock lagged behind in giving listing gains. The company’s stock was listed on BSE at a price of Rs 170. Whereas the IPO price was Rs 172. In this respect, there was a loss of Rs 2 per share or 1.167 percent.
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Sep 24, 2024 10:01 IST
Arkade Developers Listing Gains
RK Developers’ stock has given a return of more than 37 percent on listing. The company’s stock was listed on BSE at a price of Rs 176, while the IPO price was Rs 128. In this sense, there was a profit of Rs 48 per share or more than 37 percent.
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Sep 24, 2024 10:00 IST
Northern Arc Capital Listing Gains
Northern Arc Capital’s stock has given a return of more than 33 percent on listing. The company’s stock was listed on BSE at a price of Rs 351, while the IPO price was Rs 263. In this sense, there was a profit of Rs 88 per share or 33 percent.
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Sep 24, 2024 09:50 IST
Northern Arc Capital GMP
There is a craze in the grey market regarding the IPO of Northern Arc Capital. The unlisted stock of the company is trading at a premium of Rs 150 in the grey market. As per the upper price band of Rs 263, the listing of the company’s shares is expected to be at a price of Rs 413. If this happens, investors will get a profit of more than 57 percent.
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Sep 24, 2024 09:50 IST
Northern Arc Capital IPO : Subscription Status
Northern Arc’s IPO has also received a tremendous response from investors. On the last day of the IPO, September 19, it has received an overall subscription of 110.91 times. It has been subscribed 31.08 times in the retail category, 240.79 times in the QIB category and 142.41 times in the NII category. The size of the IPO was Rs 777 crore.
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Sep 24, 2024 09:49 IST
Arkade Developers GMP
There is a huge craze in the grey market about the IPO of Arkade Developers. The unlisted stock of the company is trading at a premium of Rs 65 in the grey market. As per the upper price band of Rs 128, the company’s shares are expected to be listed at a price of Rs 193. If this happens, investors will get a profit of more than 51 percent.
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Sep 24, 2024 09:49 IST
Arkade Developers : Subscription Status
Investors have bid heavily in the IPO of RK Developers. On the last day of the IPO, September 19, it has received an overall subscription of 106.83 times. It has been subscribed 51.39 times in the retail category, 163.16 times in the QIB category and 163.02 times in the NII category. The size of the IPO was Rs 410 crore.
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Sep 24, 2024 09:48 IST
Western Carriers GMP
There is a craze in the grey market regarding the IPO of Western Carriers. The unlisted stock of the company is trading at a premium of Rs 15 in the grey market. As per the upper price band of Rs 172, the company’s shares are expected to be listed at Rs 187. If this happens, investors will get a profit of more than 9 percent.
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Sep 24, 2024 09:48 IST
Western Carriers IPO : Subscription Status
Western Carriers’ IPO has received a strong response from investors. On the last day of the IPO, September 19, it has received an overall subscription of 30.57 times. It has been subscribed 25.95 times in the retail category, 27.99 times in the QIB category and 44.71 times in the NII category. The size of the IPO was Rs 492.88 crore.
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