Announced Wed, 24 Jun · 12:22 IST
Gretex files DRHP for Sky Alloys and Power IPO on NSE, BSE main board
GCSL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.1%1-day move
₹421.00
prior close
₹420.35
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.2-0.0-0.1-2.1-0.0+1.9+2.6+8.8+16.4+21.6+25.7——
Up moveDown movePending
AI summary
Gretex Corporate Services has filed the Draft Red Herring Prospectus (DRHP) for Sky Alloys and Power Limited on the main board platforms of NSE and BSE. The DRHP is a preliminary filing required before launching an IPO. Gretex is acting as the merchant banker facilitating the issue. This adds a new IPO mandate to Gretex advisory business, though no financial details or issue size have been disclosed yet.
Likely market impact
Positive for Gretex advisory business as a new IPO mandate. No immediate financial impact until the issue progresses further.