neutral
Recently
IPO watch: Midwest lists Oct 24; Canara HSBC Life debuts near issue price
No Image
Midwest lists on October 24 with a ₹1,014–1,065 band following solid demand, while Canara HSBC Life debuted near issue price; IPO momentum remains active but selective.
Midwest’s ₹451-crore IPO (price band ₹1,014–1,065) listed is slated for October 24 after strong subscription; proceeds fund growth and debt reduction. Canara HSBC Life Insurance, priced at ₹100–₹106, made a flat-to-modest debut around ₹106–₹109, implying a market value near ₹10,000 crore. Primary market sentiment remains constructive post-Diwali amid robust pipelines, though analysts caution on fully-priced issues and listing volatility. Watch grey-market trends, anchor allocations and Q2 earnings for cues on near-term IPO performance.