ITC shares declined by around 5%, while Godfrey Phillips fell over 3% following the announcement of a higher tax burden on tobacco products. The market reaction highlights investor worries about shrinking margins and slowing volume growth. Under the new framework, pan masala, cigarettes, cigars, and other tobacco products will attract a uniform 40% GST. In…
Investors Show Cautious Interest on Opening Day The Tenneco Clean Air IPO opened for public subscription on November 12, 2025, and received a moderate response on its first day. According to data from stock exchanges, the issue was subscribed 0.44 times by the end of Day 1, reflecting a cautious stance from investors. The Tenneco…
The much-awaited Groww IPO allotment will be finalised today, bringing excitement and nervousness among investors. The fintech unicorn’s public issue, which closed on November 7, was subscribed over 17 times, showing massive interest from retail and institutional investors alike. However, ahead of the allotment, the Groww IPO GMP (Grey Market Premium) has dropped to its…
Lenskart shares made their market debut on November 10, trading close to the IPO price after a volatile start. The ₹7,278 crore IPO, subscribed 28 times, drew strong institutional demand. Lenskart IPO Listing — Market Debut and Early Performance The much-awaited Lenskart IPO finally made its stock market debut on Monday, November 10. The eyewear…
