At the issue price, the scrip quoted at 25.5 times FY20 earnings per share, which was at a discount to the peer average of 40 times.

The firm is India’s largest manufacturer of specialised chemicals, such as Hexamethyldisilazane / Hexamethyldisilane (HMDS) and Chloromethy...

Out of the 10 issues, four have seen their share prices more than double from issue prices.

Sterling & Wilson Solar was the largest IPO of 2019 raising Rs 2,850 crore, while the average issue size was Rs 773 crore.

IndiaMART, which made market debut in July, has seen the steepest rally in its share price.

The IPO market has been going through a rather dry spell this year.

Analysts say growth opportunities are immense in this space.

Ambit Capital has maintained sell rating on Bharti Airtel with a target price of Rs 284.

The company had on Tuesday raised Rs 39.70 crore from seven anchor investors at Rs 215 per share.

The IPO was subscribed 27 per cent on the first day of bidding Wednesday.

The company had on Tuesday raised Rs 39.70 crore from seven anchor investors at Rs 215 per share.

The IPO appears to be richly valued when compared with listed peers.

One may subscribe to the IPO with a long-term horizon or give it a miss, many analysts said.

Neogen Chemicals’ initial public offer to raise up to Rs 132.35 crore will open on April 24.

Promoters would be looking to offload up to 29 lakh shares in a price band of Rs 212–215.

The company is offering shares in the price band of Rs 212-215 per share.

The number of firms getting Sebi nod for public issues has reached seven so far in 2019.