IPO Watch: MaxPoshior Limited’s Listing Proves Lucrative for Investors!
💰 MaxPoshior Limited’s IPO listing has resulted in hefty profits for investors. The company’s stock soared with a premium of 339.39% and listed at Rs. 145 on the NSE and BSE. The IPO was priced at Rs. 33 per share.
📈 Unprecedented Response: With a staggering 987.47 times oversubscription, MaxPoshior Limited’s IPO garnered a subscription worth Rs. 20.26 crore from January 15th to January 17th. This SME IPO has received the highest subscription in 2024 so far.
💪 Strong Listing: The IPO listing received positive feedback and investors earned three times higher returns on their investments. MaxPoshior Limited’s IPO proved to be a solid investment opportunity.
💼 Another Success: Healthcare company MediAssist also witnessed a premium listing on Tuesday. The company’s shares listed with a premium of 11.2% on the Bombay Stock Exchange and 10% on the National Stock Exchange.
🔥 Investor’s Enthusiasm: MaxPoshior Limited’s IPO received bids for 401.70 crore shares against the 40.68 lakh shares offered. The non-institutional investor category was subscribed 1947.55 times, while the retail category was subscribed 1034.23 times and the QIB category was subscribed 163.35 times.
💸 Pricing Details: MaxPoshior Limited’s IPO had 6,140,000 shares available for sale, priced between Rs. 31 and Rs. 33 per share. The lot size was 4,000 shares, meaning investors had to invest a minimum of Rs. 1,24,000.
🏢 About MaxPoshior: MaxPoshior Limited is a media and entertainment company that specializes in providing quality content to its audience.
Exciting Times for IPO Investors! MaxPoshior Limited’s IPO listing has proved to be a profitable venture, and the overwhelming response from investors reflects their confidence in the company’s potential. With such positive developments in the IPO market, investors can look forward to more lucrative opportunities in the future. Stay tuned for more updates!
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
