For 1st time during poll cycle since '04, mkts will see IPO frenzy
Aadhar HFC provides a variety of mortgage loan products for residential and commercial property purchase and construction, home improvement and extension
The company's maiden public issue comprises a fresh issue of equity shares aggregating up to Rs 400 crore and an Offer-for-Sale (0FS) of up to 1.25 crore equity shares by promoters and investors
The initial share-sale will conclude on May 10 and the bidding for anchor investors will open for a day on May 7, according to the Red Herring Prospectus (RHP)
The public issue will open for subscription on the BSE's SME platform on Tuesday and will close on May 3, the company said in a statement
In financial year 2023, Indegene reported Rs 2,306.13 crore in revenue from operations with a profit of Rs 266 crore
"We are not focusing on IPO this year, our primary focus is to foray into offline markets, international geographies, and new categories, but possibly in the next year," he said
The Initial Public Offer (IPO) had a fresh issue of 54.99 lakh equity shares with a face value of Rs 10 each through the book-building route
The company is looking to shore up about Rs 750 crore from anchor investors in a pre-IPO round
Bengaluru-based Swiggy intends to raise up to Rs 3,750 crore ($450 million) in fresh capital alongside an offer-for-sale (OFS) segment of up to Rs 6,664 crore ($800 million)
The IPO has a fresh issue of up to Rs 300 crore and an offer for sale of up to 84,21,052 equity shares
The initial share sale received bids for 53,86,212 shares against 1,10,83,278 shares on offer, as per data available with the NSE
RCRS Innovations intends to utilise net proceeds from the offering to meet its working capital requirement and expand its battery manufacturing capacity
JNK India IPO: The grey market premium (GMP) for JNK India is Rs 15 as of April 23, 2024. At the higher end of the price band, it is a premium of 3.6 per cent.
Those selling shares in the OFS are promoters -- Gaurav Bhatnagar, Manish Dhingra and LAP Travel -- and investors -- TBO Korea and Augusta TBO
The proposed offer comprises an offer for sale (OFS) of 96 lakh equity shares by promoters -- Jogindersingh Jaswal, Ketan Ramani and Pritesh Ramani
The company is in talks with investment banks, including Goldman Sachs, Bank of America, Citi and India's Kotak and Axis, and plans to appoint IPO advisers within a month, said two of the sources
Proceeds from the fresh issue will be used for funding working capital requirements and general corporate purposes
Heating equipment maker JNK India Ltd is set to open its initial public offering (IPO) on April 23.
Healthcare provider will use the proceeds to set up a hospital in Kolkata and for general corporate purposes