Questionable! Devolved Ethos IPO saved by Emkay, Incred at highest price
Emkay Global and Incred Capital chose to buy shares of the devolved Ethos IPO at the highest price despite market’s low opinion.
Emkay Global and Incred Capital chose to buy shares of the devolved Ethos IPO at the highest price despite market’s low opinion.
Ethos shares listed at ₹830 on the BSE, a discount of 5.5% against the upper band of the issue price of ₹836-878 apiece. On the NSE, the stock opened 6% lower at ₹825.