- EOD snapshot — today’s definitive moves
- Listings & price action
- Filings & observations (final status)
- Anchors & subscription mix
- What slips to tomorrow
- How to verify
EOD snapshot
- Urban Company: Post-listing trade remained firm relative to issue price; focus shifts to cohort metrics and cash conversion through week-end.
- Euro Pratik Sales: Book confirmed at ₹235–₹247 band; overall subscription concluded at ~1.3×; listing set for Sep 23.
- Dev Accelerator (DEVX): Listed earlier; EOD liquidity light; centre-level execution KPIs in focus.
- Emmvee Photovoltaic Power: SEBI observations on file; no fresh RHP at close—watch for filing window in the next sessions.
- SME basket: Multiple opens/closings wrapped; day-2 float depth is the key watch for tomorrow.
Listings & price action (EOD)
| Issuer | Event | EOD status | Our read |
|---|---|---|---|
| Urban Company | Post-listing trade | Closed well above IPO price | Track LTV/CAC progression; OCF/EBITDA bridge more important than day-1 pop |
| Dev Accelerator (DEVX) | Listed earlier | Flat-to-muted; lower volumes | Execution—occupancy & lease tenor—will drive re-rating odds |
Filings & observations (final by close)
| Issuer | Doc | Band (₹) | Size (₹ cr) | EOD status | Next step |
|---|---|---|---|---|---|
| Euro Pratik Sales | RHP | 235–247 | ~451 (OFS) | Confirmed; listing Sep 23 | Monitor anchor churn, free float on debut |
| Emmvee Photovoltaic Power | SEBI observations | — | ~3,000 (fresh+OFS) | On file; no RHP at EOD | Watch RHP window; roadshow scheduling |
| SME issuers (cluster) | DRHP/RHP | Varies | 10–50 | Several opens/closings completed | Check market-maker inventory; day-2 liquidity |
Anchors & subscription mix
Quality signals
- Long-only DIIs, pensions/insurance, and sovereigns anchor stability.
- Lock-in tranches matter more than headline ₹ bids.
Bucket takeaways (today)
- QIB: Steady interest in consumer/brand stories; depth better signal than cover.
- NII/HNI: Leverage cost vs implied listing range kept bids disciplined.
- Retail: Broad but measured; consistency across days > day-1 spikes.
What rolls into tomorrow
- Euro Pratik Sales listing (Sep 23): Watch opening print vs band top, anchor churn, and free-float absorption.
- SME cluster: Check maker inventory and delivery volumes early in the session.
- Potential filings: Keep a tab on RHP windows for renewables supply-chain names.
How to verify (fast)
- SEBI — Public Issues page: final DRHP/RHP PDFs & observation letters.
- NSE/BSE notices: anchor outcomes, basis of allotment, listing notices.
- Issuer IR: band confirmations, board notes, syndicate updates.