Beeline Broking Ltd is a SEBI registered Category I Merchant Banker that specializes in offering lead manager services to Initial Public Offerings (IPOs) in India. Lead managers play a pivotal role in the IPO process, actively involved in every step of the offering.
The report provided by Beeline Broking Ltd includes valuable information about the IPOs managed by them, such as:
- Subscription Levels: The report outlines how many times the issues managed by Beeline Broking Ltd were subscribed. This figure indicates the demand for the IPO shares and whether they were oversubscribed (demand exceeds supply).
- Final Issue Price: It provides details about how the final issue price was determined during the IPO process. This is a critical aspect of the IPO as it influences the valuation and pricing of the company’s shares.
- Listing Gains/Loss: The report also includes information on the percentage of listing gains or losses that investors experienced when the IPO shares were listed on the stock exchange. Listing gains indicate how much the stock’s price increased on its first day of trading compared to the IPO price.
This information is valuable for investors, analysts, and market participants to assess the performance and demand for IPOs managed by Beeline Broking Ltd and to make informed investment decisions