Gem Aromatics on Monday mobilised over ₹135 crore from anchor investors
The three-day share sale received bids for 7,51,80,354 shares against 1,14,08,600 shares on offer, according to NSE data
Innovatiview India, Park Medi World, Runwal Enterprises, Jinkushal Industries and Advance Agrolife received Sebi's go-ahead to launch their maiden public issues
The unlisted shares of Gem Aromatics continue to command a decent premium in the grey market on the second day of its subscription
At the upper end, Mangal Electrical seeks to raise ₹400 crore from the public offering, which comprises an entirely fresh issue of 7.1 million equity shares
The initial public offering (IPO) received bids for 1,00,64,616 shares against 97,82,363 shares on offer, translating into 1.03 times subscription, as per NSE data
As per the circular, the company has allotted 21.39 lakh equity shares to these institutional investors at Rs 561 apiece, taking the total fundraising to Rs 120 crore.
Ahead of the listing, unlisted shares of Regaal Resources were commanding a strong premium in unofficial market trades
Patel Retail IPO subscription status Day 1: The issue received bids for 34.55 million equity shares compared to the issue size of 7.81 million shares
Vikran Engineering IPO: Check issue size, price band, lot size, grey market premium (GMP), allotment date, listing date, and other key details here
Gem Aromatics manufactures speciality ingredients, including essential oils, aroma chemicals, and Value Added Derivatives in India
Vikram Solar IPO opens today: Check price band, lot size, review, grey market premium, allotment date, listing date, and other key details here
Patel Retail IPO: Ahead of the issue, the company has allotted 1.7 million equity shares to various funds at ₹255 per share
Shreeji Shipping Global IPO: Analysts remain broadly optimistic about Shreeji Shipping Global and have shared favorable reviews for its public offering
Experts attribute it to buoyant market sentiment and pursuit of better listing gains among investors
Sebi has proposed easing IPO rules for companies with over ₹5-trn market cap by lowering dilution norms and extending timelines to meet public shareholding requirements
The IPO, with a face value of ₹1, comprises a fresh issue of shares worth up to ₹1,500 crore and an offer-for-sale of up to ₹3,700 crore by promoters and investors
The ₹451-crore IPO would open for subscription on August 19 and conclude on August 21. The price band has been set at ₹309 to ₹325 per share
As per circular, the company allotted 17.04 lakh equity shares to investors at ₹255 apiece, aggregating the fund raising to ₹43.46 crore
Patel Retail IPO will open for bidding on Tuesday, August 19 and close on Thursday, August 21, 2025.