IPO listing: TBO Tek shares debut at 55% premium; Aadhar Housing opens flat
TBO Tek shares list at ₹1,426 on the NSE, up 55% over the IPO price of ₹920 apiece; Aadhar Housing Finance debuts flat at ₹315 per share.
TBO Tek shares list at ₹1,426 on the NSE, up 55% over the IPO price of ₹920 apiece; Aadhar Housing Finance debuts flat at ₹315 per share.
The IPO of Aadhar Housing Finance garnered a subdued response from investors on the first day of bidding, with the issue subscribing by 0.44 times.
Ahead of opening of the IPOs, TBO Tek has raised ₹696.51 crore via anchor book, while Aadhar Housing Finance garnered ₹897.9 crore from anchor investors.
The travel distribution platform looks to raise ₹1,550.81 crore via IPO at the upper end of the price band.
Indegene, Aadhar Housing Finance, and TBO Tek look to collectively raise around ₹5,200 crore via IPO route.
The IPO of ASK Automotive was booked over 51% on the final day of bidding, with the portion reserved for QIBs receiving 142.4 times bids.