Business

Investors Got Rich From The Listing Of Dodla-KIMS

Investors got rich from the listing of Dodla-KIMS, got so much premium. Two companies of the stock market today made investors rich.

These shares were Dodla Dairy’s stock price and KIMS stock price. Dodla Dairy was listed on the NSE at a premium of more than 28 percent at Rs 550.

On the other hand, shares of Krishna Institute of Medical Sciences (KIMS) were listed at Rs 1008.90 at a premium of 22 percent as against Rs 825 on BSE. Overall, the listing of both stocks has been excellent.

KIMS raised Rs 2,144 crore.

Prior to the listing, Krishna Institute of Medical Sciences (KIMS) has raised Rs 2,144 crore through an IPO. Of this, Rs 955 crore came from anchor investors.

At the same time, Dodla Dairy raised Rs 520 crore from IPO. The IPO of KIMS was open from June 16 to June 18. It got a 3.86 times subscription. The price range for the IPO was Rs 815 to Rs 825 per share.

45.62 times subscription to Dodla Dairy.

Dodla Dairy got 45.62 times subscription in the IPO of Rs 520 crore. For this, the price band was kept from Rs 421 to Rs 428 per share.

The IPO was open from 16 to 18 June. The reserved share for retail investors was subscribed 11.34 times.

Dodla Dairy operates in Andhra Pradesh, Telangana, Karnataka, and Tamil Nadu. The company also has offshore operations in Uganda and Kenya.

Share allotment in IPO.

Investors who have been allotted shares in these IPOs can check in the DEMAT account. The rest of the investors’ money will be returned to their bank account.

Gold Price Today: Gold futures price rises, silver also becomes expensive; Know what are the rates.

Gold Price Today on June 28, 2021: The futures price of gold and silver recorded a rise on Monday.

On the Multi Commodity Exchange (MCX) at 11:07 am, the price of gold for delivery in August 2021 was trending up by Rs 146 at Rs 47,071 per 10 grams.

Earlier, the rate of gold contracted in October 2021 was at Rs 46,925 per 10 grams.

Similarly, in October 2021, the rate of gold for delivery was rising by Rs 182 or 0.39 percent at Rs 47,391 per 10 grams.

In the previous session, the gold rate for the October contract was at Rs 47,209 per 10 grams.

Silver price in the futures market.

On the Multi Commodity Exchange, silver for delivery in July 2021 was trading higher by Rs 403 at Rs 68,276 per kg. In the previous session, the price of silver in the July contract was at Rs 67,873 per kg.

Similarly, the price of silver for delivery in September 2021 was trending up by Rs 410, or 0.59 percent, at Rs 69,360 per kg. Earlier on Friday, silver with September contract was at Rs 68,950 per kg.

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