CMR Green’s IPO Pop Put India’s Primary Market Back On Screen
CMR's $66 million initial public offering drew about $6 billion of investor bids, according to Reuters, then opened at 268 rupees versus a 192-rupee issue price. Reuters called it the biggest first-day jump since Bharat Coking Coal's in January, a sign that demand for new listings can snap back quickly when supply has been thin. A big part of the…
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