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The whole allotment process will be overseen by a registrar and investors will get the shares on a lottery basis. There are two ways in which investors can check whether they received any allotment after applying for the IPO

At the interbank foreign exchange, the domestic currency opened at 83.03 and inched up to 83.01 against the greenback in initial deals, registering a gain of 4 paise from its previous close.

Mahindra & Mahindra Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 222324.30 Crore) operating in Auto sector.

The growing use of supercomputers in the research and development of drugs and increased biotechnology adoption is likely to fuel the market growth during the forecast period. The global supercomputer market is projected to increase at an impressive CAGR of 10.5% and hit a valuation of $19 billion by the end of 2033, up from $7 billion in 2023.

The IPO comprised a fresh equity issue of Rs 1,000 crore and an offer for sale of up to 47.69 lakh shares. Under the OFS, Prabhat Agrawal, Prem Sethi, Orbimed Asia Iii Mauritius, Chethan MP, Deepesh T Gala among others offloaded shares.

The dollar was steady on Friday, on track for its fifth straight weekly gain, as investors take stock of economic data and firm expectations of the Federal Reserve cutting rates in June, while the yen traded at the psychologically key 150 per dollar level.

Stocks that were in focus included names like M&M, which rose 6.81%, Vedanta, which declined 4.17%, and NTPC, whose shares jumped 3.92% on Thursday.

Oil prices meandered on Friday as investors pondered slowing demand forecast by an influential group and weak U.S. retail sales data that sparked optimism about U.S. interest rate cuts.