Grill Splendor Services, a premium bakery and patisserie franchise, saw a lukewarm start on the NSE SME platform. The company’s shares opened at 121.30, marginally higher than its issue price of 120, indicating a modest 1.08% gain.
Results for: IPO
Ramdevbaba Solvent’s shares debuted on the NSE SME at a premium of 31.76% on Tuesday, outperforming market expectations. The IPO had a price band of 80 to 85 per share and raised 50.27 crore. The IPO saw a strong subscription, receiving 126.21 times the total offered shares.
Embracer Group has announced plans to split itself into three distinct gaming companies: Asmodee, Coffee Stain and Friends, and Middle-earth Enterprises and Friends. The move is intended to unlock the potential of each team and provide them with independent leadership. Each entity will operate as a separate publicly listed company on the Nasdaq Stockholm.