Now Reading: Milky Mist, Dhoot, Molbio IPOs open this week
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Milky Mist, Dhoot, Molbio IPOs open this week
Three mainboard initial public offerings, from Milky Mist Dairy Food, Dhoot Transmission, and Molbio Diagnostics, will open for subscription this week. An SME offering from Fascinate Textile is also set to open,…
The Story in Brief
Three mainboard initial public offerings, from Milky Mist Dairy Food, Dhoot Transmission, and Molbio Diagnostics, will open for subscription this week. An SME offering from Fascinate Textile is also set to open, according to NSE data. Milky Mist is a dairy company, Dhoot Transmission makes auto components, and Molbio is a diagnostics firm. Fascinate Textile operates in the textile sector. The primary market remains active with these new issues. Investors can apply for these IPOs.
The Indian Opinion
Every IPO wave revives the myth that public offers are guaranteed wealth creators. The fact is many list at a discount. Investors should evaluate each company's business and valuation, not just follow the hype. Over-enthusiasm often leads to losses. The real test for these four issues will be their subscription numbers and listing day performance.
Sources (2): ndtvprofit.com, ndtvprofit.com (2)
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
