Page 21 - Initial Public Offering (ipo)

IGI IPO subscription opens today: GMP up 18%; Should you bid or avoid?

International Gemmological Institute IPO GMP is up 17.99 per cent at Rs 492 per share against the upper end of the price band of Rs 417

IGI IPO subscription opens today: GMP up 18%; Should you bid or avoid?

International Gemmological Institute IPO GMP is up 17.99 per cent at Rs 492 per share against the upper end of the price band of Rs 417

Jungle Camps India IPO allotment today: Check status, GMP, and more

Jungle Camps India's unlisted shares are trading at Rs 132 per share, reflecting a grey market premium (GMP) of Rs 60 or 83.33 per cent from the IPO's upper price band of Rs 72

Vishal Mega Mart IPO sails through; subscribed 1.53 times on Day 2

The Rs 8,000-crore IPO of Vishal Mega Mart will end on December 13

Identical Brains Studios announces IPO on Dec 18 to raise Rs 20 crore

Visual Effects (VFX) firm Identical Brains Studios on Thursday said it is gearing up to raise Rs 20 crore through an initial public offering (IPO) on December 18. The announcement comes after NSE Emerge granted in-principle approval for the IPO earlier this month. The three-day public issue will conclude on December 20, the company announced. The Mumbai-headquartered company's public issue will comprise a fresh issuance of 36.94 lakh equity shares with a face value of Rs 10 each. Proceeds from the IPO will be utilized to expand and enhance the company's operations. This includes renovating the existing office and studio in Andheri, establishing a new branch office in Lucknow, and setting up a Color Grading Digital Intermediate (DI) and Sound Studio at a new branch office in Andheri. Additionally, the funds will be used to purchase essential equipment such as computers, storage systems, and software to upgrade existing facilities. The remaining portion of the proceeds will be alloc

Rebel Foods raises $210 million funding ahead of planned 2026 IPO

Rebel Foods was founded by McKinsey & Co. alumnus Jaydeep Barman with the goal of building a range of online-only brands

Mobikwik subscribed 7x on Day 1; Vishal, SaiLife get tepid responses

Meanwhile, the IPOs of SaiLife and Vishal Megamart were subscribed 0.84 times and 0.5 times, respectively

Vishal Mega Mart IPO Day 1: Check subscription status, GMP & other details

Vishal Mega Mart IPO Day 1: The IPO which opened for subscription today (December 11), is a complete offer for sale (OFS) comprising 1,025,641,025 shares

MobiKwik's $67 mn IPO fully sold in first hour as retail investors rush in

Retail investors placed bids for nearly five times the shares reserved for them, while the portion for non-institutional investors was fully sold

Mobikwik IPO opens today: GMP zooms 49%; should you park your money?

Mobikwik IPO GMP today: Mobikwik shares were trading at Rs 415 apiece, reflecting a grey market premium (GMP) of Rs 136 or 48.75 per cent per share

Investment bank DAM Capital Advisors gets Sebi's nod to launch IPO

Investment bank DAM Capital Advisors has received Sebi's go ahead to float an initial public offering (IPO), an update with the markets regulator showed on Tuesday. The proposed IPO is solely an offer-for-sale (OFS) of 3.2 crore equity shares, with no fresh issue component, according to the draft red herring prospectus (DRHP). Those selling shares in the OFS are promoter Dharmesh Anil Mehta, investors Multiples Alternate Asset Management, RBL Bank, Easyaccess Financial Services and Narotam Satyanarayan Sekhsaria. Since the entire issue is an OFS, all the proceeds from the IPO will go directly to the selling shareholder, rather than the company. DAM Capital Advisors, which filed preliminary papers with Sebi in September, obtained the regulator's observations on December 4, the update showed. In Sebi's parlance, obtaining the observations means its go ahead to launch the public issue. In its draft papers, the company stated that it plans to go public in a bid to achieve the benefit

Power producer Continuum Green Energy files for Rs 3,650 crore IPO

The government is aiming to add at least 500 giga watts of clean energy by 2030 to reduce carbon emissions

Flipkart plans IPO within 12-15 months, prepares to shift base to India

Flipkart, valued at $36 billion, is planning to launch its initial public offering by 2025-26, and will be shifting its domicile from Singapore to India

Street Signs: Nifty racing past resistance, BSE's high-wire act, more

Shares of BSE have surged more than 20 per cent in less than two weeks, defying concerns surrounding the Securities and Exchange Board of India's (Sebi's) new futures and options

Star Agriwarehousing files IPO papers with Sebi, aims to raise Rs 450 cr

Star Agriwarehousing and Collateral Management Ltd, a tech-driven agricultural services firm, has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares aggregating up to Rs 450 crore and an Offer-For-Sale (OFS) component of 2.69 crore equity shares by promoters and an investor, according to the draft red herring prospectus (DRHP) filed on Wednesday. As part of the OFS, Claymore Investments (Mauritius) Pte, an indirect subsidiary of Temasek Holdings, is offering 1.19 crore equity shares through the OFS and the remaining 1.5 crore shares will be offloaded by promoters. At present, Claymore holds 11.83 per cent stake in Star Agriwarehousing and Collateral Management and promoters own 88.17 per cent stake in the company. The company may consider raising Rs 90 crore through a pre-IPO placement. If this placement happens, the fresh issue size will be reduced. The ...

Star Agriwarehousing files IPO papers with Sebi, aims to raise Rs 450 cr

Star Agriwarehousing and Collateral Management Ltd, a tech-driven agricultural services firm, has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares aggregating up to Rs 450 crore and an Offer-For-Sale (OFS) component of 2.69 crore equity shares by promoters and an investor, according to the draft red herring prospectus (DRHP) filed on Wednesday. As part of the OFS, Claymore Investments (Mauritius) Pte, an indirect subsidiary of Temasek Holdings, is offering 1.19 crore equity shares through the OFS and the remaining 1.5 crore shares will be offloaded by promoters. At present, Claymore holds 11.83 per cent stake in Star Agriwarehousing and Collateral Management and promoters own 88.17 per cent stake in the company. The company may consider raising Rs 90 crore through a pre-IPO placement. If this placement happens, the fresh issue size will be reduced. The ...

Jungle Camps India sets SME IPO price band at Rs 68-72; to open on Dec 10

Jungle Camps India Ltd, which provides wildlife and conservation-focused lodges to guests, on Wednesday announced a price band of Rs 68-72 per share for its IPO, which will open on December 10 and close on December 12. The Initial Public Offering (IPO) -- to list on BSE Small and Medium Enterprises (SME)-- consists of a fresh issue of 4,086,400 equity shares with a face value of Rs 10 each. "The company aims to raise approximately Rs 29.42 crore through the IPO to fuel its expansion plans, enhance its brand presence and strengthen its commitment to sustainable tourism. Rs 7 crore of the proceeds will be used for developing a new project at Sanjay Dubri National Park in Madhya Pradesh while Rs 3.5 crore will be utilised for renovating its existing resort, Pench Jungle Camp, located in Pench National Park, Madhya Pradesh," it stated. Moreover, the company intends to invest Rs 11.5 crore in its subsidiary, Madhuvan Hospitality Private Ltd, to develop a 4-star hotel in Mathura, Uttar ..

PropShare Platina IPO gets 1.2 times subscription on final day of bidding

The initial public offering (IPO) of PropShare Platina, the country's first SM REIT scheme, was subscribed 1.2 times on the final day of bidding on Wednesday. PropShare Platina is the first scheme of SM-REIT -- Property Share Investment Trust. The issue received bids of 4,002 units against the offered 3,353 units, according to data available on the stock exchange. Institutional Investors portion and non-institutional investors part were subscribed 13 per cent and 4.37 times, respectively. The IPO is entirely a fresh issue of Platina units with no offer for sale (OFS) component. The price band for the issue is Rs 10 lakh to Rs 10.5 lakh per unit, Property Share Investment Trust (PSIT) had said in a statement last month. Property Share Investment Trust, India's first registered Small and Medium Real Estate Investment Trust, had last month said the Rs 353-crore initial public offering (IPO) of PropShare Platina will open on December 2. Proceeds of the IPO are proposed to be utilise

Ahead of IPO, Suraksha Diagnostic collects Rs 254 cr from anchor investors

The top anchor investors in the IPO included Nippon India Mutual Fund, Kotak MF, Aditya Birla Sun Life MF, Quant MF and Carnelian Bharat Amritkaal Fund

Markets Today: Nifty expiry, Rajesh Power IPO allotment, Oil down, Gold up

The Sensex closed at 80,234.08, gaining 230.02 points or 0.29 per cent, while the Nifty50 ended at 24,274.90, up 80.40 points or 0.33 per cent, on November 27