The Issue is a fresh issue of equity shares up to Rs 5,500 crore and an offer for sale (OFS) of 95,191,195 equity shares at a face value of Rs 10
The company had first submitted draft papers for its IPO in August 2021
The three-day Initial Public Offering (IPO) will conclude on December 21, the company said in a statement. The IPO is entirely a fresh issue of 1 crore equity shares with no offer for sale component.
The investors who applied for the issue can check India Shelter IPO allotment status in the registrar's portal, and on the website of stock exchanges, BSE and NSE
Muthoot Microfin IPO: Shares of the company are trading at a premium of Rs 90 in the unlisted market, translating into a listing premium of 31 per cent
The shares of Suraj Estate Ltd are available at a premium of Rs 70 in the grey market on Monday, which is Rs 14 higher from its weekend GMP of Rs 56
Launch of a family scooter and expansion of dealership network to help it increase market share
Another half a dozen IPOs open for subscription next week
The maiden public issue will open for subscription from December 1921, and the anchor book will be opened for a day on December 18
The funds are expected to augment the capital base of the company. Out of the total, the company plans to raise Rs 760 crore through the sale of fresh equity and Rs 200 crore via Offer for Sale
These companies will break a jinx of sorts seen during the December preceding a General Election year
So far this calendar, domestic funds subscribe for shares worth Rs 5,577 cr in anchor category, while FPIs Rs 5,417 cr
Here's what brokerages recommend investors should do, with this Rs 1,200 crore IPO which closes for subscription on Friday, December 15.
Kumar will replace Abhishek Gupta, who will continue with Oyo in "an advisory and mentorship capacity
Goel says that the increased focus on profitability and reasonable pricing underpins demand for IPOs
The sector saw a dual dynamic in Q2 - revenue growth acted as a current of strength, yet profit margins faced resistance
The assets under management of active smallcap schemes experienced a slight decline, even as smallcap indices registered double-digit gains in November
However, newly listed shares come off highs as caution sets in
The global ER&D player registers best listing-day performance for an IPO of over Rs 500 crore
For the quarter ended June 2023, Gandhar had posted a profit of Rs 54.3 crore on revenues of Rs 1,070 crore