Page 18 - Initial Public Offering (ipo)

Indo Farm shares up 27%; Standard Glass Day 2 sees 34.8x subscription

Capital Infra Trust Invit subscribed 39% on first day

Capital Infra Trust InvIT IPO gets 39% subscription on first day of offer

The initial public offering (IPO) of Capital Infra Trust, an infrastructure investment trust (InvIT), received 39 per cent subscription on the first day of bidding on Tuesday. The issue received bids for 3,46,59,300 units against the offered 8,83,83,750 units, according to data available on the stock exchanges. Other investors portion received 87 per cent subscription. Capital Infra Trust, sponsored by Gawar Construction, has garnered Rs 703 crore from anchor investors. The issue, with a price band of Rs 99-100 per unit, will conclude on January 9. The company's IPO is a combination of a fresh issue of units aggregating up to Rs 1,077 crore and an offer for sale (OFS) of units valued up to Rs 501 crore by the sponsor selling unitholder Gawar Construction Ltd. This takes the total size to Rs 1,578 crore. The public issue of Capital Infra Trust (formerly National Infrastructure Trust) has become the first InvIT IPO of 2025. According to its prospectus, the proceeds from the fresh

BR Goyal Infra sets price band at Rs 128-135 for IPO to open on Jan 7

B R Goyal Infrastructure on Saturday said it has fixed a price band of Rs 128-135 per equity share for Rs 85.21 crore initial share sale, which will hit the markets on January 7. The initial public offering (IPO) will end on January 9 and bidding for anchor investor will open for a day on January 6, the company, which specialises in infrastructure projects, said in a statement. At the upper end of the price band, the company is going to fetch about Rs 85.2 crore, while shares of the company will be listed on the BSE's SME platform, it added. Indore-based B R Goyal Infra's IPO is entirely a fresh issuance of up to 63.12 lakh equity shares with a face value of Rs 10 each, according to the red herring prospectus (RHP). The net proceeds from the public issue will be utilised for funding capital expenditure requirement and for funding the working capital requirement. Funds from the IPO will also be used by B R Goyal Infra towards funding expenditure for inorganic growth through ...

Market regulator Sebi warns JM Financial of lapses in due diligence

Administrative warning issued in relation to the IPO of Western Carrier (India)

Regaal Resources files draft papers with Sebi to raise funds via IPO

Kolkata-based agro-based company Regaal Resources Ltd has filed its draft red herring prospectus (DRHP) with market regulator SEBI to raise funds through an initial public offering (IPO). The IPO comprises a fresh issue of shares worth up to Rs 190 crore and an offer-for-sale of up to nine million equity shares by the promoter. Proceeds from the fresh issue worth Rs 147 crore will be utilised for repayment and pre-payment of borrowings and general corporate purposes. Regaal Resources, one of the manufacturers of maize-based starch, specialty starches, food-grade starches and starch derivative products in India, has an installed crushing capacity of 750 tonnes per day. The company reported a revenue from operations increased by 22.97 per cent to Rs 600 crore in FY24, due to an increase in sales of manufactured and traded goods. Pantomath Capital Advisors and Sumedha Fiscal Services are the book-running lead managers, while Link Intime India is the registrar of the issue. The equity

Standard Glass sets price band of Rs 133-140 for IPO, set to open Jan 6

Standard Glass Lining Technology Ltd on Wednesday said it has fixed a price band at Rs 133-140 per equity share for its Rs 410.05 crore initial public offering (IPO) that opens for public subscription on January 6. The public issue of Standard Glass Lining Technology is set to become the first mainboard IPO of 2025. The company has reduced the size of its offer for sale component to nearly 1.43 crore equity shares from 1.84 crore shares as planned earlier. The three-day initial public offering (IPO) will conclude on January 8 and the bidding for anchor investors will open on January 3, the company said in a statement. At the end of the upper price band, the company is going to fetch up to Rs 410.05 crore from the IPO. Investors can bid for a minimum of 107 shares and in multiples thereof, it added. The Telangana-based company's IPO is a combination of fresh issuance of equity shares worth Rs 210 crore and an offer for sale (OFS) of up to 1.43 crore shares by promoters and other ..

Drugmaker Anthem Biosciences files draft papers for $397 million IPO

The Indian IPO market has been bustling this year, with over 300 companies having raised $17.5 billion as of mid-December, more than double the amount raised last year

Lionel Messi holds IPO for real estate assets, portfolio valued at $232 mn

His arrival in Miami has sparked a boom in interest and business for his Inter Miami team and more broadly for MLS, the main US football league

Indo Farm Equipment IPO opens today: Check GMP, review, subscription status

On the first day, around 11:30 AM, Indo Farm Equipment IPO was subscribed 4.84 times with a total bid of 4,10,13,186 shares against the offer of 84,70,000

Anya Polytech & Fertilizers IPO: Check allotment status, GMP, other details

Anya Polytech & Fertilizers IPO allotment status can be checked on NSE as well as its official register's website Skyline Financial Services

Unimech Aerospace shares make stellar debut, list at 90% premium on BSE

Unimech Aerospace share price quoted Rs 1,460 on NSE, commanding a premium of Rs 675 or 85.99 per cent

Ajay Poly files preliminary papers with Sebi to mop up funds via IPO

Refrigeration sealing solutions firm Ajay Poly has filed its draft red herring prospectus with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The initial public offer is a mix of fresh issue of shares of up to Rs 238 crore and an offer-for-sale (OFS) of up to 93 lakh equity shares each by the promoters, as per the draft red herring prospectus (DRHP) filed on December 28. Under the OFS, 37 lakh shares will be sold by promoter Bina Jain, while Rajeev Jain and Nitin Jain will offload 28 lakh shares each. The company may consider a pre-IPO placement of shares worth up to Rs 47.6 crore. If the pre-IPO placement is completed, then the size of the fresh issue will be reduced. The proceeds from the fresh issue will be utilised by the company to the extent of Rs 119 crore for debt payment, Rs 64.97 crore for funding capital expenditure requirements towards the purchase of equipment, plant, and machinery at Noida Unit, Karegaon, Shirwal, Chennai Unit,

Ahead of IPO, Indo Farm Equipment collects Rs 78 cr from anchor investors

Indo Farm Equipment on Monday said it has mobilised a little over Rs 78 crore from anchor investors, a day before its initial share sale opening for public subscription. Negen Undiscovered Value Fund, Niveshaay Hedgehogs, Rajasthan Global Securities, Subham Capital, India Equity Fund I, Saint Capital Fund and Vikasa India EIF I Fund - Share Class P, among others, were anchor investors, according to a circular uploaded on BSE's website. According to a circular, Indo Farm Equipment has allotted 36.30 lakh shares to 11 entities at Rs 215 per equity share, which is also the upper end of the price band. This aggregates the transaction size to Rs 78.04 crore. The issue, with a price band of Rs 204-215 per share for its initial share sale, will open for public subscription on December 31 and conclude on January 2. The Rs 260-crore initial public offering (IPO) comprises a fresh issue of 86 lakh equity shares and an offer for sale (OFS) of 35 lakh equity shares by promoter Ranbir Singh ..

Gem Aromatics files draft papers with Sebi to mobilise funds via IPO

Mumbai-based Gem Aromatics, a manufacturer of specialty ingredients, has filled its draft papers with Sebi to raise funds through an initial public offer. The initial public offering (IPO) is a mix of fresh issue of equity shares worth up to Rs 175 crore and an offer for sale (OFS) of up to 89.24 lakh shares each by the promoter and an investor, according to the draft red herring prospectus (DRHP) filed on December 28. Among promoters, Vipul Parekh will offload 33.96 lakh equity shares, Kaksha Vipul Parekh up to 16.26 lakh shares and Yash Vipul Parekh will sell up to 16.70 lakh shares. Investor doTERRA Enterprises, Srl will divest up to 22.31 lakh equity shares in the company through the OFS. The company may consider a pre-IPO placement aggregating up to Rs 35 crore. Proceeds from the fresh issue will be used by Gem Aromatics for debt repayment and general corporate purposes. Gem Aromatics Ltd has established itself as a leading manufacturer of specialty ingredients in India, ...

Fujiyama Power files preliminary papers with Sebi to raise funds via IPO

Greater-Noida-based Fujiyama Power Systems has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The IPO is a combination of a fresh issue of equity shares worth up to Rs 700 crore and an offer-for-sale (OFS) of up to 2 crore shares by promoters, according to Draft Red Herring Prospectus (DRHP) filed on December 28. Under the OFS, one crore equity shares each will be offloaded by Pawan Kumar Garg and Yogesh Dua. The company may consider raising Rs 140 crore through a pre-IPO placement. If such placement is completed, the fresh issue size will be reduced. The net proceeds from the fresh issue are proposed to be utilised by the company towards financing the cost of establishing the manufacturing facility in Ratlam, Madhya Pradesh, repayment of debt, and general corporate purposes. Fujiyama Power Systems is a manufacturer of products and solution provider in the roof-top solar industry, including on-grid, off-grid an

Ventive Hospitality IPO listing: Shares list at 11% premium on bourses

Ventive Hospitality IPO listing: The listing was in line with the grey market estimates as the company's shares were quoted trading at Rs 723 apiece

Markets Today: Wall St. in red; FIIs; Ventive, Senores Pharma, Carraro IPOs

Early signs hinted at a flat start, with GIFT Nifty Futures trading about 9 points higher at 24,001 level at 6:35 AM

Edu loan provider Credila Financial Services files IPO papers with Sebi

Education loans-focused lender Credila Financial Services Ltd, formerly known as HDFC Credila Financial Services Ltd, has filed papers with markets regulator Sebi for an initial public offering (IPO) through a confidential pre-filing route. The confidential pre-filing route allows the company to withhold public disclosure of details under the draft red herring prospectus (DRHP). In a public announcement on Friday, Credila said it has "filed pre-draft red herring prospectus with the Sebi and stock exchanges ... in relation to the proposed initial public offering of its equity shares on the main board". This development follows a significant change in the company's ownership during the financial year ended March 31, 2024. A private equity consortium of EQT and ChrysCapital acquired a 90.01 per cent stake in Credila for Rs 9,060 crore, including a fresh equity infusion of Rs 2,003.61 crore. Of this, Rs 700 crore was infused in June 2023 by the erstwhile HDFC Ltd, while the remaining R

Concord Enviro share list at 19% premium on BSE; misses IPO GMP trend

Concord Enviro IPO listing underperformed the grey market expectations. Ahead of the listing, Concord Enviro IPO shares were trading at Rs 839 apiece, reflecting a GMP of Rs 138, or 19.7%

Concord Enviro share list at 19% premium on BSE; misses IPO GMP trend

Concord Enviro IPO listing underperformed the grey market expectations. Ahead of the listing, Concord Enviro IPO shares were trading at Rs 839 apiece, reflecting a GMP of Rs 138, or 19.7%