Page 32 - Latest Updates on IPO
Ratlam-based Kataria industries to float Rs 54.5 cr IPO on July 16
The initial public offering (IPO) will be available for public subscription during July 16-19 and the bidding for anchor investors will open on July 15, the company said in a statement
 "Ratlam-based Kataria industries to float Rs 54.5 cr IPO on July 16")
Invesco lowers fair value, cutting Swiggy and Pine Labs valuations
US-based investor Invesco valued its 28,844 shares in Swiggy at $219.2 million, implying a total valuation of $12.3 billion, down from $12.7 billion in January 2024
 "Invesco lowers fair value, cutting Swiggy and Pine Labs valuations")
Reliance Jio listing: Tariff hikes a trigger, but spinoff better option
The current minority investors in Jio may prefer the spin off route and RIL could also consider buyout of current institutional stakeholders in Jio after the spin off if it wanted to shore up stake
 "Reliance Jio listing: Tariff hikes a trigger, but spinoff better option")
Emcure Pharma lists at 31% premium; should you buy, sell or hold the stock?
Emcure Pharmaceuticals listing today: According to analysts, Emcure Pharma is quoting at a reasonable valuation with a niche opportunity to invest in the gynaecology & HIV antivirals therapeutic areas
 "Emcure Pharma lists at 31% premium; should you buy, sell or hold the stock?")
Ashwin Sheth to invest Rs 5,000 cr to expand biz, to launch IPO in 2 yrs
The Mumbai-based company said it has achieved sales bookings of around Rs 1,500 crore during the last fiscal, a three-fold increase from the 2022-23 financial year
 "Ashwin Sheth to invest Rs 5,000 cr to expand biz, to launch IPO in 2 yrs")
Ganesh Green Bharat IPO opens today for bids; GMP, price, lot size here
Ganesh Green Bharat initial public offering (IPO) is set to open for subscription on Friday, July 5. The IPO aims to raise Rs 125.23 crores
 "Ganesh Green Bharat IPO opens today for bids; GMP, price, lot size here")
Nephro Care IPO makes bumper debut on NSE SME; lists at 90% premium
Post listing, Nephro Care shares moved higher to Rs 179.55, and locked in 5 per cent upper circuit, quoting 99.50 per cent higher over the issue price on the NSE SME
 "Nephro Care IPO makes bumper debut on NSE SME; lists at 90% premium")
Bansal Wire Industries' IPO gets subscribed 5.72 times on Day 2 of offer
Bansal Wire Industries on Tuesday said it has collected over Rs 223 crore from anchor investors
Steel manufacturer Bansal Industries' IPO subscribed 1.76 times on Day 1
The quota for Retail Individual Investors (RIIs) got subscribed 2.47 times while the portion for non-institutional investors fetched 2.44 times subscription
 "Steel manufacturer Bansal Industries' IPO subscribed 1.76 times on Day 1")
Bain Capital-backed Emcure Pharma IPO fully subscribed on Day 1 of offer
The issue, with a price band of Rs 960 to Rs 1,008 per share, will be open for public subscription till July 5. The IPO comprises fresh issuance of equity shares worth Rs 800 crore
 "Bain Capital-backed Emcure Pharma IPO fully subscribed on Day 1 of offer")
Stock Market Highlights, July 3: Sensex rises 545 pts, ends near 80,000; HDFC, Axis Bank gain 2%
Stock Market Highlights on July 3: In the broader markets, the BSE MidCap and the BSE SmallCap index rose 0.86 per cent each.
 "Stock Market Highlights, July 3: Sensex rises 545 pts, ends near 80,000; HDFC, Axis Bank gain 2%")
Namita Thapar-backed Emcure Pharma IPO opens: GMP, price, apply or not?
Emcure Pharmaceuticals initial public offering is set to open for subscription on Wednesday, July, 3, 2024
 "Namita Thapar-backed Emcure Pharma IPO opens: GMP, price, apply or not?")
Investors subscribe Nephro Care India IPO by 716 times offer size
The initial public offering (IPO) of Nephro Care India was subscribed 715.85 times on Tuesday, helped by heavy participation from institutional investors.
Divine Power Energy makes stellar mkt debut, lists at 288% premium on NSE
Divine Power Energy Ltd (DPEL) made a stellar debut on the NSE Emerge platform today, listing at Rs 155 per share, a premium of 288 per cent over issue price of Rs 40
 "Divine Power Energy makes stellar mkt debut, lists at 288% premium on NSE")
Stock Market Highlights, July 1: Mid, SmallCap indices hit record highs; Sensex gains 443 pts
Stock market Highlights on Monday, July 1, 2024: Tech M, Bajaj Finance, Ultratech Cement, TCS, Infosys, JSW Steel, HUL, HDFC Bank, Tata Motors, ITC, ICICI Bank, Titan were the top gainers today
 "Stock Market Highlights, July 1: Mid, SmallCap indices hit record highs; Sensex gains 443 pts")
Health insurer Niva Bupa files IPO papers to raise up to Rs 3,000 crore
It aims to use the proceeds from that sale to strengthen its balance sheet and for operating expenses
Street signs: Sensex, Nifty surge; Emcure IPO; Manufacturing funds gamble
Emcure Pharmaceuticals' shares are commanding a premium of over 25 per cent above their price band
 "Street signs: Sensex, Nifty surge; Emcure IPO; Manufacturing funds gamble")
Will have our cells in EVs by early 2025: Ola Electric's Bhavish Aggarwal
These cells would be manufactured from its newly set up Ola Gigafactory in Krishnagiri, Tamil Nadu
 "Will have our cells in EVs by early 2025: Ola Electric's Bhavish Aggarwal")
Packaging equipment firm Mamata Machinery files IPO papers with Sebi
The company, in its draft papers filed on Friday, said that the objective of the initial share sale is to gain the advantages of listing the equity shares on the stock exchanges
Luxury furniture brand Stanley Lifestyles gains 30% on trade debut
At the last close, Stanley Lifestyles was valued at nearly Rs 2,730 crore