Wheels India allots 11.97 lakh equity shares under QIP issue
Indian markets moved higher in an ipo & listings development.
· Business Standard Mkts
Post allotment, the paid up equity share capital has increased to Rs.26,86,23,610 consisting of 2,68,62,361 equity shares having face value of Rs.10.
The analysis
Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
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