The IPO size is estimated at ₹8,000 crore and will include both primary and secondary shares
The IPO size is estimated at ₹8,000 crore and will include both primary and secondary shares
The grey market premium, analysts said, reflects the strong demand and positive sentiment surrounding the stock, further adding to the optimism ahead of its listing
60+ IPOs worth ₹1.02 trn ready to harness steady market currents
The initial public offering (IPO) lane will be busy next week, with four main-line companies, including Leela Palaces Hotels & Resorts operator Schloss Bangalore Ltd and Aegis Vopak Terminals tapping the primary market to raise over Rs 6,600 crore collectively. Other public issues scheduled for the week are Prostar Info Systems and Scoda Tubes. Additionally, D-Street will witness the debut of two firms, including Borana Weaves and Belrise Industries, expected to list on May 28 and May 29, respectively. Overall, there has been a slowdown in new listings as only 12 firms came out with their IPOs in 2025 so far owing to volatility in the equity market due to a combination of global and domestic factors. This shift followed a remarkable 2024, in which 91 maiden public issues collectively raised Rs 1.6 lakh crore, driven by robust retail participation, a resilient economy, and booming private capital expenditure. Despite the slowdown, an impressive number of documents are getting filed
Brands catering to wealthier Indians have weathered a high cost-of-living-led slowdown in consumer spending, as the affluent continue to splurge on comforts and luxuries
Udaipur-based company will use proceeds to invest in subsidiaries and repay borrowings
The IPO proceeds will fund acquisition of 4.4 lakh sq ft grade A+ office asset in Mumbai fully leased to blue-chip tenants with projected 9 per cent yield till FY28
The exchange has received in-principle approval from Sebi to launch electricity derivatives, with discussions on contract structure and tenure still underway
Avanse Financial and Anthem Biosciences are among firms, including LG's India unit, set to delay IPO plans amid weak market sentiment, according to investment bankers
Avanse Financial and Anthem Biosciences are among firms, including LG's India unit, set to delay IPO plans amid weak market sentiment, according to investment bankers
US markets held steady from September to February
Priority Jewels Ltd, has filed preliminary papers with markets regulator Sebi seeking its nod to launch an initial public offering (IPO). The Mumbai-based company's IPO is completely a fresh issue of 54 lakh equity shares with no offer-for-sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on Wednesday. Proceeds from the fresh issue to the extent of Rs 75 crore will be utilized for payment of debt, besides, a portion will be used for general corporate purposes. Founded in 2007, Priority Jewels designs, manufactures and sells a wide range of light-weight, affordable diamond-studded gold and platinum fine jewellery. It sells directly to independent jewellers and jewellery chains in India as well as select international markets. It supplies its products to leading jewellery chains, including CaratLane, Kalyan Jewellers India, Reliance Retail, Malabar Gold & Diamonds FZCO, Tribhovandas Bhimji Zaveri and Senco Gold. It has two jewellery manufacturing ...
Priority Jewels Ltd, has filed preliminary papers with markets regulator Sebi seeking its nod to launch an initial public offering (IPO). The Mumbai-based company's IPO is completely a fresh issue of 54 lakh equity shares with no offer-for-sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on Wednesday. Proceeds from the fresh issue to the extent of Rs 75 crore will be utilized for payment of debt, besides, a portion will be used for general corporate purposes. Founded in 2007, Priority Jewels designs, manufactures and sells a wide range of light-weight, affordable diamond-studded gold and platinum fine jewellery. It sells directly to independent jewellers and jewellery chains in India as well as select international markets. It supplies its products to leading jewellery chains, including CaratLane, Kalyan Jewellers India, Reliance Retail, Malabar Gold & Diamonds FZCO, Tribhovandas Bhimji Zaveri and Senco Gold. It has two jewellery manufacturing ...
Sebi highlighted that dematerialisation eliminates inefficiencies and risks associated with physical share certificates, such as loss, theft, forgery, and delays in transfer and settlement
Duroflex, founded about six decades ago in the south Indian state of Kerala, receives 85 per cent of its revenue from mattresses
Duroflex, founded about six decades ago in the south Indian state of Kerala, receives 85 per cent of its revenue from mattresses
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
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
On Friday, Ather allocated shares worth Rs 1,340 crore to anchor investors