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The company is offering its shares for between Rs 259 and Rs 273 each. The issue's three-day bidding ends on Monday, November 18.

Top gainers in Sensex include Tech Mahindra, infosys, Wipro, M&m. Top losers in Sensex include Asian Paints, Tata Motors, Reliance, ICICI Bank.

October saw Nifty correcting from 26,000 levels to below the 24,000 levels on across-the-board selling

The company raised ₹5,085.02 Crore from institutional investors through an anchor book launched on November 5.

There was virtually no respite as FPIs were net sellers on almost all the trading sessions during October 2024

There are serious concerns about profitability since investors are growing more leery of tech businesses that take a long time to report profitable results.

October 2024 was marked by FPI sell-off and market correction almost across the board

The IPO includes a fresh equity issue worth ₹800 Crore and an offer-for-sale (OFS) of ₹1,400 Crore from promoters.

Demand was driven by retail individual investors (RIIs), who subscribed for more than twice the amount set out for them.

The IPO’s price range is set at ₹275 to ₹289 per equity share, with a face value of ₹2 per share.