The Sanathan Textiles IPO, Dam Capital Advisors IPO, and Concord Enviro Systems IPO have garnered significant attention in the market recently. Sanathan Textiles made its market debut at ₹321 after a strong IPO subscription of 32.12 times, with QIBs leading the charge at 75.62 times. The proceeds from the IPO will be used to reduce debt and support expansion.
Dam Capital Advisors also had a successful listing at ₹283, with expectations of up to 50% listing gains. The IPO, which was fully an Offer for Sale (OFS), saw an impressive subscription of 82 times, driven by QIBs at 166.33 times.
Concord Enviro Systems, which offers zero liquid discharge solutions, listed at ₹701. The IPO was subscribed 10.67 times and included a ₹175 crore fresh issue to fund manufacturing expansion and debt repayment.
Overall, these IPOs have generated a lot of interest in the market, and investors are keenly watching the share price movements and market performance. Stay tuned for more updates on these IPOs and other market developments.
