Page 3 - Latest Updates on IPO
Savy Infra sets SME IPO price band at ₹114-120/share, issue to open Jul 21
The initial public offering will conclude on July 23, and the company's shares will be listed on the NSE Emerge
 "Savy Infra sets SME IPO price band at ₹114-120/share, issue to open Jul 21")
Indira IVF refiles draft IPO via confidential route; Gaudium to follow
The development comes amidst growing investor interest in the Indian assisted reproductive technology sector, buoyed by increasing awareness, expanding market size
 "Indira IVF refiles draft IPO via confidential route; Gaudium to follow")
Apple supplier Lens Technology to debut in Hong Kong after $607 mn float
Headed by China's second-richest woman, Lens Technology is the latest China-traded company to set its sights on Hong Kong
 "Apple supplier Lens Technology to debut in Hong Kong after $607 mn float")
IPO-bound Smartworks FY25 loss widens to ₹63 cr, revenue rises 32%
Smartworks said it aims to generate and sustain increased revenue levels and decrease proportionate expenses in future periods to achieve profitability
 "IPO-bound Smartworks FY25 loss widens to ₹63 cr, revenue rises 32%")
Smarten Power IPO to open on Jul 7, sets issue price band at ₹100/share
The IPO is a combination of a fresh issue of up to 40.01 lakh equity shares aggregating to ₹40.01 crore and an offer for sale of 10 lakh shares aggregating to ₹10 crore
 "Smarten Power IPO to open on Jul 7, sets issue price band at ₹100/share")
Smartworks Coworking IPO to open on July 10; issue size cut to ₹445 crore
About Rs 226 crore from the total proceeds will be used for capital expenditure related to the fit-outs in new centres and security deposits for these new centres
 "Smartworks Coworking IPO to open on July 10; issue size cut to ₹445 crore")
Meesho files confidential IPO papers with Sebi, targets ₹4,250 cr listing
Last month, the NCLT approved Meesho's move to shift its HQ from Delaware to India, a step seen as key to its long-awaited listing and corporate restructuring
 "Meesho files confidential IPO papers with Sebi, targets ₹4,250 cr listing")
Hero Motors files draft papers for ₹1,200 cr IPO; looks to reduce debt
The company will issue fresh shares worth up to ₹800 crore while its existing shareholders will sell shares worth up to ₹400, the draft prospectus showed
 "Hero Motors files draft papers for ₹1,200 cr IPO; looks to reduce debt")
Wakefit Innovations files draft papers with Sebi; seeks to raise ₹ 468 cr
The proposed IPO of the Bengaluru-based company is a combination of a fresh issue of equity shares aggregating up to Rs 468.2 crore and an OFS of 5.84 crore equity shares by the selling shareholders
 "Wakefit Innovations files draft papers with Sebi; seeks to raise ₹ 468 cr")
Tata Capital gets Sebi nod for $2 bn IPO, likely India's biggest in 2025
The approval clears the way for the company to incorporate feedback from the regulator into its prospectus, before it starts marketing the deal
 "Tata Capital gets Sebi nod for $2 bn IPO, likely India's biggest in 2025")
Oswal Pumps share slips 7%, falls below IPO price after lacklustre debut
Shares of Oswal Pumps slipped 7 per cent to ₹580, falling below its issue price ₹614 on the BSE in Monday's intra-day trade.
 "Oswal Pumps share slips 7%, falls below IPO price after lacklustre debut")
PLI auto scheme for e2Ws needs to be revisited: Ather Energy cofounder
PLI should've been directed at startups - the real pushers of innovation, Tarun Mehta said
 "PLI auto scheme for e2Ws needs to be revisited: Ather Energy cofounder")
Aten Papers & Foam IPO Day 1: Check subscription, GMP, listing date, more
Aten Papers & Foam IPO is a book building of ₹31.68 crore. The issue is entirely a fresh issue of 3.3 million shares.
 "Aten Papers & Foam IPO Day 1: Check subscription, GMP, listing date, more")
ArisInfra Solutions Ltd sets IPO price band at Rs 210-222 per share
The initial share sale will open for a public subscription on June 18 and conclude on June 20, the company announced
 "ArisInfra Solutions Ltd sets IPO price band at Rs 210-222 per share")
JSW Cement begins roadshow ahead of next month's planned Mumbai IPO
JSW Cement could be joining a swelling pipeline of summer listings in India, where the central bank cut rates by a bigger-than-expected 50 basis points last week
 "JSW Cement begins roadshow ahead of next month's planned Mumbai IPO")
Indian depository NSDL plans IPO for July, expects to raise $400 million
The listing of NSDL, the country's largest depositary in terms of assets under custody, is being managed by ICICI Securities Ltd., Axis Capital Ltd., HSBC Holdings Plc and IDBI Capital
 "Indian depository NSDL plans IPO for July, expects to raise $400 million")
TReDS platform M1xchange eyes IPO in 3-5 years, aims ₹1.25 trn biz in FY25
M1xchange, which started operations in 2017, is aiming to close the financial year with a business of Rs 1.25 trillion
 "TReDS platform M1xchange eyes IPO in 3-5 years, aims ₹1.25 trn biz in FY25")
Aegis Vopak Terminals shares make muted D-Street debut, list at 6% discount
Aegis Vopak Terminals shares listed at ₹220 on the BSE, against the issue price of ₹235
 "Aegis Vopak Terminals shares make muted D-Street debut, list at 6% discount")
Fintech firm Razorpay completes reverse flip from US to India ahead of IPO
Fintech firm Razorpay has moved its parent company's domicile from the US to India as it gears up for an IPO, joining the growing trend of Indian startups relocating home
 "Fintech firm Razorpay completes reverse flip from US to India ahead of IPO")
Unified Data-Tech shares make positive D-Street debut, list at 4% premium
Unified Data-Tech shares listed at ₹285 on the BSE SME platform, against the issue price of ₹273
 "Unified Data-Tech shares make positive D-Street debut, list at 4% premium")
