Market Bizzz

Aequs IPO allotment finalizes December 8. Investors can check status online. The IPO saw massive interest, closing 104.30 times subscribed. Listing is December 10 on BSE and NSE. Grey market premium indicates positive sentiment. Aequs operates in aerospace precision manufacturing. The company’s financial performance has been uneven. Broker sentiment is largely positive.

FIIs sold ₹11,820 crore in the first week of December, continuing heavy 2025 outflows, but strong DII inflows offset the pressure. Rupee depreciation drives foreign selling, while pro-growth policies, liquidity measures and earnings optimism keep domestic investors steadily buying.

Nifty traded range-bound, closing nearly flat despite an RBI rate cut, as resistance near 26,300 capped gains. Weak market breadth and muted broader indices signal caution, though the primary trend remains upward with selective sector strength.

ICICI Prudential Asset Management Company has set the price band for its Rs 10,603 crore initial public offering (IPO) at Rs 2,061 – Rs 2,165 per share. The public issue will open for bidding on Friday, December 12 and close on Tuesday, December 16.

HCL Capital Private Limited emerged as the largest acquirer of British American Tobacco’s (BAT) stake in ITC Hotels, buying 14.58 crore shares for Rs 2,998 crore. Several other marquee investors also took significant stakes in the Rs 3,856 crore block deals. BAT stated the funds will aid its transition to a target leverage range.

Home-grown FMCG firm Dabur on Friday said it has received an observation letter with “no adverse observations” from the BSE over its Scheme of Amalgamation of Sesa Care.

Purple Wave Infocom is set to debut on the BSE SME platform today after a successful IPO, raising Rs 31.45 crore. The digital PRO AV solutions provider saw strong investor demand, particularly from institutional buyers. Despite neutral pre-listing grey market sentiment, the company’s robust financial growth and oversubscription across all investor categories will be closely watched for its market debut.

Logiciel Solutions’ Rs 40 crore IPO, which opened on November 28 and closed on December 2, is set to debut on the BSE SME platform on December 5. The issue saw selective investor participation, with retail investors driving subscriptions. Grey market activity indicates neutral expectations for the listing day performance.

Exato Technologies is set to list on the BSE SME platform. The company’s initial public offering received an overwhelming response from investors. The issue was subscribed over 947 times. High net-worth individuals and retail investors showed strong interest. The grey market premium indicates robust listing expectations. Exato Technologies is a technology transformation company.