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Thanks to a strong demand and pending buy orders, the stock has been hitting its 5 per cent upper circuit for quite sometime now.

The stock was at day’s high at Rs 79.80, up 69.79 per cent, on the NSE. Over 74 lakh shares were traded in the counter in early trade.

The retail portion was subscribed 41 times, the HNI and qualified institutional buyers segments were subscribed by 222 and 17 times, respec...

Based on the upper band price, Snowman would raise Rs 197 crore from the IPO. Total bids received add up to Rs 9,200 crore.

Investors may subscribe to the issue over a mediumto long-term horizon. The IPO is opening on Tuesday and will close on August 28.

Monday saw 16 teams vying for the top spot from Chandigarh to go to the finals in Mumbai scheduled in first week of October.