Pantomath Capital Advisors is the sole book-running lead manager to the issue. The company's equity shares are proposed to be listed on the BSE and NSE
The retail investor portion of the issue was subscribed 16 per cent
Number of IPOs happening in India probably equal to aggregate everywhere else combined, says Australia-headquartered firm
On Monday, shares of Avalon Technologies enjoyed Rs 30 premium in the grey market, which translated to a likely listing price of Rs 465 apiece on the upper price band
The DRHP was filed under the confidential pre-filing route with a reduced issue size of $400-600 million, all of which will be raised through a primary issuance, in a bid to repay the firm's debt
Byju's acquired AESL in 2021 for about $1 billion. Since then, Byju's said AESL's revenue and profits tripled
Oravel Stays - which operates hospitality tech firm OYO - on Friday pre-filed its Draft Red Herring Prospectus with stock market regulator Sebi, sources said
India's Go Digit Insurance has re-filed draft papers for a $440 million initial public offering (IPO) after addressing the market regulator's concerns related to the company's employee stock plans
All the IPOs belong to the Small and Medium Enterprises (SME) segment
But other modes like OFS, QIP to raise public shareholding
The IPO activity was sporadic in FY23, with 25 of the 37 IPOs taking place in just three months
Overall public equity fundraising also dropped by 56 per cent to Rs 76,076 crore in the reporting year from Rs 1,73,728 crore in FY22
Pharmaceutical ingredients maker SPC Lifesciences Ltd has filed preliminary papers with the capital market regulator Sebi to raise funds through an initial public offering
Mulls IPO upon the merger of Noida, Nagpur businesses
Udayshivakumar Infra IPO listing date: The shares of the IPO are expected to be listed on the bourses on April 3
The firm's annual profit was Rs 14 crore the last year
Agarwal projects 19% jump in FY23 revenue to Rs 5,700 crore
Avalon Technologies IPO GMP: According to market observers, the IPO is commanding a great market premium (GMP) of Rs 22 per share
Proceeds from the fresh issue would be used towards debt payment, funding working capital requirements and general corporate purposes
The company's initial public offering (IPO) received bids for over 61.26 crore shares against 2 crore shares on offer, according to data available with the NSE