Listing of these 2 shares created a storm in the stock market, investors’ money doubled

The itemizing of Jungle Camps IPO and Toss The Coin IPO has created a stir in the stock market. These two shares of SME sector have nearly doubled the money of their traders. Both these shares had been listed at 90% premium, after which Toss The Coin hit the higher circuit.

Till the time of writing the information, Toss the Coin is buying and selling at Rs 363.05. Talking about the shares of Jungle Camps, they’re presently buying and selling at Rs 129.96. Their excessive right now i.e. seventeenth December until now has been Rs 143.50.

Jungle Camps was doing wonders since opening.

Jungle Camps India IPO opened on 10 December. The curiosity of traders in the IPO was superb since its opening. Let us inform you, on the second day of opening of this IPO, it was subscribed 138.67 occasions. At the identical time, retail traders had additionally subscribed it 232.74 occasions. Whereas, non-institutional traders had subscribed this Jungle Camps IPO 104.34 occasions.

Talking about the monetary situation of the firm, in the monetary yr 2024, the firm’s income noticed a rise of 61 %, whereas a spectacular 700 % enhance was recorded in the revenue after tax (PAT). The market cap of the firm is Rs 111.59 crore.

The sport of Toss The Coin can be comparable

Toss The Coin IPO was a subject of dialogue amongst traders ever because it opened. This is the motive why it was subscribed closely. Let us inform you, the IPO of Toss The Coin included a complete contemporary difficulty of 504,000 shares. The value band of this IPO was mounted at Rs 172-182 per share. Whereas, its itemizing happened at a premium of 90 %. At the time of writing, the value of one share of Toss the Coin had reached Rs 363.05. That means nearly 100% revenue. 600 shares had been positioned in one lot of this IPO.

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