The IPO is solely a fresh issue with no offer-for-sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on March 30.
Infonative Solutions aims to raise ₹24.71 crore through a fresh issue of 3.12 million equity shares
The company seeks to raise up to ₹2,000 crore from the public issue, which comprises both a fresh issue as well as an offer for sale of equity shares
The portion booked for retail investors was subscribed 1.2 times and the non-institutional investors (NII) portion was subscribed 0.86 times
The proposed public offering would comprise a fresh issue of equity shares with a face value of ₹2, aggregating up to ₹900 crore
Once the allotment is finalised, investors can check their status on the official websites of the BSE and Skyline Financial Services, the registrar for the IPO
Proceeds from the fresh issue to the tune of ₹37.59 crore will be used for the purchase of cash vehicles and fabrication of the secured vehicle
The company may also consider a pre-IPO placement of up to ₹192 crore
The IPO of the Hyderabad-headquartered company consists of a fresh issue of equity shares worth ₹500 crore and an Offer-for-Sale (OFS) of ₹80 crore by the promoter Chandra Sekhar Moturu
Identixweb IPO comprises a fresh issue of 3.08 million equity shares worth ₹16.63 crore.
The SME IPO, valued at ₹63.76 crore, comprises a fresh issue of 4.32 million equity shares, and an offer for sale (OFS with promoter Sandeep Gangabishan Bajoria divesting up to 1.08 million equity sh
Infonative Solutions has set the price band in the range of ₹75 to ₹79 per equity share.
Once the allotment is finalised, investors who have bid for the Shri Ahimsa Naturals IPO can check their share allocation status on the official websites of the NSE, and Cameo Corporate Services
Here are the key details of Spinaroo Commercial IPO, taken from the Red Herring Prospectus (RHP)
In a detailed communication, regulator spells out areas that bourse has to address before it goes for an IPO
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Analysts attribute this success in the primary markets to the remarkable performance of secondary markets for most part of FY25
ATC Energies IPO IPO comprises a fresh issuance of 4.42 million shares worth ₹51.02 crore and an offer for sale (OFS) of 1.08 million shares amounting to ₹12.74 crore
This marks the company's second attempt to go public. Previously, the company had filed draft papers nearly seven years ago
The company aims to raise ₹15.50 crore through the public issue by offering an entirely fresh issue of 6.19 million equity shares