ISSUE NO: 17
SEP-OCT
main board that mobilized Rs
16,924 crore (98 per cent of the
total amount) and the remaining 41
being SME public issue garnered
Rs
358
crore.
Mid and small cap stocks took a
battering on Thursday as a large
number of them plunged between
10% and 15% after India's surgical
strikes along the Line of Control.
The largest main board IPO was
of ICICI Prudential Life Insurance,
which raised Rs 6,057 crore, while
the largest SME public issue was
that of Radhika Jeweltech which
garnered
Rs
47
crore.
About 343 stocks hit the lower
circuit, while 106 stocks touched
their 52-week lows. The BSE
Midcap fell 3.6%, its biggest
single-day fall in 13 months,
whereas the BSE small-cap index
plunged
more
than
4%.
The average deal size for the main
board IPOs was Rs 1,128 crore.
Besides, Rs 4,034 crore was raised
through Offer for Sale (OFS)
through
stock
exchange
mechanism. Of this, Rs 3,765 crore
was
raised
from
the
government disinvestmentprogram
me.
Investors squaring off their
Oppositions instead of rolling over
on the expiry day -Thursday, said
dealers.
14 | P a g e
The midcap carnage could have
been triggered by some large
investors squaring off their
F&Opositions instead of rolling
over on the expiry day -Thursday,
said dealers