Fourth largest IPO of 2024; company will use the proceeds to repay debt and for general corporate purposes
At the last close, Stanley Lifestyles was valued at nearly Rs 2,730 crore
Nephro Care initial public offering opens for subscription on Friday, aiming to raise Rs 41.26 crore comprising entirely a fresh issue of approximately 4.58 million shares
Allied Blenders & Distillers had an estimated market share in sales volume of 11.8 per cent in the Indian whisky market for FY23
Most of the bids came in the final hours of bidding on Thursday, with institutional buyers bidding for 50 times the shares allotted, while retail investors bid for about four times the allotment
Vraj Iron and Steel IPO has seen a strong demand, with the issue being subscribed 8.3 times on Day 2 by 12:30 PM
Allied Blenders & Distillers IPO closes for subscription on June 27; Share allotment expected on June 28 and the stock is likely to be listed on July 02, 2024.
Winny Immigration and Education Services made a stupendous debut on the NSE SME today, with its shares listing at a 71.42 per cent premium at Rs 240 compared to its issue price of Rs 140 per share
Hyundai Motor's India unit this month filed for regulatory approval for a listing, which could be the nation's biggest and will see the South Korean parent raise around $2.5-$3 billion
The Rs 171-crore initial share sale received bids for 2,12,27,976 shares against 61,38,462 shares on offer, according to NSE data
GEM Enviro Management made an impressive debut on the BSE SME platform today, opening at Rs 142.50 per share, a 90 per cent premium over its issue price
Record surge in stock markets and consistently improving performances of listed startups are understood to have turned the sentiment for the better
The portion for non-institutional investors fetched 8.85 times subscription while the quota for Retail Individual Investors (RIIs) got subscribed 6.10 times
Hyundai needs the money especially for EVs but it could have sold equity in the South Korean parent company, which is much bigger and already listed
Proceeds of the issue will be used to increase the working capital requirements of the company, payment of debt and general corporate purposes
Avanse is the first education-focused NBFC looking to go public
The company's founder has been aiming for a potential valuation of as much as $7 billion in a Mumbai listing, the people said, asking not to be identified as the information isn't public
We have been able to raise this round purely because of business performance. We are growing 140 per cent year-on-year, said Palicha
The initial share sale received bids for 1,46,69,560 shares against 1,02,41,507 shares on offer, as per NSE data
The Rs 418 crore initial share sale got bids for 1,47,92,58,933 shares against 1,49,44,944 shares on offer, according to NSE data