I checked out the NSE website today, and found two interesting things about recently covered IPOs. First one was that the Talwalkars IPO has been listed and the last traded price shows to be Rs. 195.80. The stock was issued at Rs. 128, so people who went for the issue and wanted to make listing gains had a chance to do so. There was an interesting comment stream on the post, so I had it in mind to check out the listing. The issue was over-subscribed by a bit, so I am not sure how many shares got allotted to people in the end and based on that how much was the real potential for gain. If someone has details, and doesn’t mind sharing – please do.
While checking that I saw that the Tara Health foods IPO had been withdrawn on May 5th. Something I didn’t notice earlier. Possibly due to low subscription, but I am not sure.
Thought this was interesting enough to share.