In the grey market, the company's unlisted shares were exchanging hands at around ₹138 apiece, reflecting a grey market premium (GMP) of ₹42 per share or approximately 43.75 per cent
From the promoters group, Madhu Bhushan Khurana, Sidhartha Bhushan Khurana, and Chand Khurana are divesting up to 6.7 million shares, while other shareholders are divesting up to 1.08 million shares
Once the Smartworks Coworking Spaces IPO allotment is finalised, investors can check their status on the official websites of BSE, NSE, or MUFG Intime India, the registrar for the issue
Spunweb Nonwoven IPO: Check latest subscription data, grey market premium (GMP), price band, lot size, allotment date, listing date, and other key details here
Among the individual categories, NIIs bid the highest, oversubscribing the category reserved for them by 2.76 times. This was followed by retail investors, who bid 1.57 times
Smarten Power Systems IPO listing today: After listing, the shares gained an additional 5 per cent, surging a total of 51.2 per cent from the issue price to reach the upper circuit of ₹151.20
Travel Food Services shares are set to list on the BSE and NSE tentatively on Monday, July 14. Here's what the latest GMP signals about the possible listing
Smartworks Coworking Spaces IPO: Check latest subscription status, grey market premium (GMP), review, allotment date, listing date, and other key details here
Once the allotment of GLEN Industries IPO shares is finalised, investors can check their status on the official websites of the BSE and Kfin Technologies, the registrar for the issue
India is poised to become the most interesting and exciting market in the world, said Vishal Kampani, vice chairman and managing director of JM Financial Ltd
As investors await the opening of Anthem Biosciences IPO, here are the key strengths and risks outlined in its Red Herring Prospectus (RHP) that every investor should be aware of
Once the Travel Food Services IPO allotment is finalised, investors can check their status on the official websites of BSE, NSE, or MUFG Intime India, the registrar for the issue
GLEN Industries IPO: Check latest subscription status, grey market premium (GMP), price band, lot size, allotment date, listing date, and other key details here
Travel Food Services IPO is available at a price band of ₹1,045-1,100 per share, and a lot size of 12 shares. Thus, investors can bid for a minimum of 13 shares and in multiples thereof
Sources tracking unofficial market activities revealed that the company's shares were changing hands at around ₹277 each, implying a grey market premium (GMP) of ₹32 or approximately 13.06 per cent
Travel Food Services IPO: Check latest subscription status, grey market premium (GMP), price band, lot size, allotment date, listing date, and other key details here
Cryogenic OGS IPO allotment to be finalised today: Check the direct links to view status, latest grey market premium (GMP), subscription status, tentative listing date, and other key details here
Smart energy meter manufacturer Allied Engineering Works has filed preliminary papers with the markets regulator Sebi to garner funds through an initial public offering (IPO). The proposed IPO is a combination of fresh issuance of shares worth Rs 400 crore, and an offer-for-sale of 75 lakh shares by promoter Ashutosh Goel, according to the draft red herring prospectus (DRHP) filed on Saturday. Proceeds from the fresh issue will be used for part financing the capital expenditure required to set up manufacturing facilities. This includes Rs 116.75 crore for the production of smart gas meters, smart water meters, and IoT (Internet of Things) solutions at the Kundli facility, and Rs 99.71 crore for the production of smart electricity meters at the Rai facility. Additionally, Rs 120 crore will be allocated towards meeting the company's future working capital requirements and a portion of the proceeds will also be used for general corporate purposes. Also, the city-based company consider
Crizac IPO Day 3 update: Check latest subscription status, grey market premium (GMP), price band, lot size, allotment date, listing date, and other key details here
Brigade Hotel Ventures Ltd has raised Rs 126 crore by selling equity shares to 360 ONE Alternates Asset Management, ahead of its maiden public issue. Brigade Hotel Ventures is a subsidiary of Bengaluru-based real estate company Brigade Enterprises Ltd. In a statement on Friday, Brigade Hotel Ventures said it has "raised Rs 126 crore in a pre-IPO placement round." The company issued 1.4 crore equity shares to 360 ONE Alternates Asset Management Ltd (360 ONE) at Rs 90 per share. This transaction represents 4.74 per cent of the company's pre-offer share capital. According to the DRHP, the company's initial public offering (IPO) consisted of a fresh issue of shares aggregating up to Rs 900 crore. The company will use around Rs 480 crore to cut debt and Rs 107 crore to purchase land. The remaining proceeds will be to pursue inorganic growth. Brigade Hotel Ventures Ltd is one of the leading hospitality firms in South India. It entered into the hospitality business in 2004. The compan