Central Mine Planning and Design Institute Ltd (CMPDI) IPO, valued at Rs 1,842 crore, is in its second day of bidding with a ...
High GMP reflects demand. Long-term investing requires value. If an IPO is priced at 60–80 times earnings purely because of ...
Recent IPO outcomes suggest that the informational value of GMP may be weakening as nearly one-third of mainboard IPOs in ...
CMPDI's IPO has opened for subscription on March 20 and conclude on March 24. The state-owned firm will make its stock market debut on March 30.