Booked stellar listing gains on Tata Tech, IREDA IPOs? Know taxation rules here
₹1,200 apiece on NSE, a premium of 140% to the issue price of ₹500 per share. This was the best listing in the Indian stock market since November 2021.
After this impressive stock market debut, Tata Technologies shares extended gains and made a high of ₹1,400 apiece on both the exchanges, thus, more than doubling investors’ wealth. The IPO had garnered heavy interest from all categories of investors, with over 73.38 lakh total applications.
IREDA made an impressive market debut on November 29, listing at a 56.25 percent premium to the issue price of ₹32. The stock opened at ₹50 on both NSE and BSE.
IREDA IPO was subscribed 38.80 times on the last day of bidding. Disclaimer: The views and recommendations made above are those of individual analysts, and not of Mint. We advise investors to check with certified experts before taking any investment decisions. Milestone Alert!
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