High net-worth individuals (HNIs) subscribed only 66 per cent, while retail and employee portions fared better at 1.78x and 5.4x, respectively
Sebi highlighted that dematerialisation eliminates inefficiencies and risks associated with physical share certificates, such as loss, theft, forgery, and delays in transfer and settlement
The proposed IPO is a combination of a fresh issue of shares valued at Rs 1,350 crore and an offer for sale (OFS) of shares worth Rs 400 crore by promoters
Analysts are viewing Ather Energy's share sale as a litmus test for India's IPO market, where momentum has slowed down amid a broader market decline
The public offering has received bids for 5,89,29,634 equity shares against 5,33,63,160 on offer, leading to a subscription of 1.10 times
The unlisted shares of Kenrik Industries were trading flat at ₹25 in the grey market
Arunaya Organics' unlisted shares were trading flat at ₹58, the upper price band, in the grey markets
The unlisted shares of Iware Supplychain Services were trading flat at ₹95 in the grey market on day 3 of subscription
The company has identified institutions as a large vector of growth in the coming years. Institutions like colleges, hospitals, hotels etc currently make up a small fraction of the company's revenue
Company files DRHP; Canara to dilute 14.5% stake while PNB will dilute 10% stake
The wealthy investor or high net worth individual portion was subscribed 27 per cent, the retail investor portion was subscribed 1.1 times
Ather Energy IPO has received the bids for 86,09,406 equity shares, against 5,33,63,160 on sale, leading to subscription of 16 per cent
The public issue is available at a price band of ₹304-₹321 per share, and the lot size is 46 shares. Accordingly, investors can bid for a minimum of 46 shares and in multiples thereof
Iware Supplychain Services plans to raise ₹27.13 crore through a fresh issue of 2.85 million equity shares
Duroflex, founded about six decades ago in the south Indian state of Kerala, receives 85 per cent of its revenue from mattresses
InCred Financial plans to file documents soon for a share offering in Mumbai that might take place by October, the people said
Shares of Kenrik Industries are expected to be listed on the BSE SME platform on Friday, May 09, 2025, according to the RHP
The insurance firm, which manages more than ₹40,000 crore ($4.7 billion) in assets, did not detail the size or timing of the IPO but said it will not issue fresh shares
At the upper end, the company seeks to raise ₹33.99 crore from the public offering, which comprises a fresh issue of 5.26 million shares and an offer for sale (OFS) of 0.6 million shares
The online services aggregator plans to use over half of the funds raised from new shares for developing tech offerings