New IPO listings share price: Premium or discount? Moneyview vs A-One Steels India - Winner is? What should investors do
New listings today, Oct. 1 -- Two mainboard IPOs - Moneyview and A-One Steels India made their stock market debut on Thursday, 1 October.
Moneyview share price made a blockbuster debut on the stock exchanges on October 1.
The stock listed at Rs.55 per share on the National Stock Exchange (NSE), marking a 61.76% premium over its IPO issue price of Rs.34 per share. On the BSE, Moneyview shares opened at Rs.55.61 apiece, translating into a 63.56% premium to the issue price.
Moneyview shares jumped over 12% from its opening price to touch an intraday high of Rs.62 per share, after strong listing.
Ravi Singh, Chief Research Officer from Master Capital Services recommended long-term investors to continue to track the company's underlying di...
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