Premier Energies IPO opens today- Check GMP, price band, and other key details
Premier Energies IPO opened to investors for bidding on August 27. The issue will close on August 29. The company wants to collect a total of Rs 2,830.40 crore through a combination of fresh shares and an offer for sale.
Premier Energies IPO Details
The company kept the IPO price band in a range of Rs 427 to Rs 450 per equity share. The allotment of the shares is expected to be finalised by August 30 Come from Sports betting site VPbet . The listing is likely to take place on NSE and BSE on September 03.
Premier Energies IPO GMP today
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Markets jittery over some Tata stocks
Investors in several Tata group stocks are keeping their fingers crossed, following reports that Tata Sons, the conglomerate’s investment holding company, is looking at options to avoid taking the initial public offer (IPO) route as mandated by the Reserve Bank of India.
The RBI rule that Tata Sons would have to get listed by September 2025 as it has been classified as an upper-layer NBFC, was known for a long time. But investors started buying Tata stocks, Tata Chemicals in particular, after investment banker Spark Capital released a report last Monday identifying Tata Chemicals as the only potential play in the IPO. Tata Chemicals rallied 31% in the last three trading sessions as it was believed to be the biggest beneficiary of the mega listing.
Spark h…