Quality Power, an energy transmission equipment and power technologies company, on Monday fixed a price band of Rs 401 to Rs 425 per share for its Rs 859-crore initial public offering (IPO). The initial share-sale will open for public subscription on February 14 and conclude on February 18. The bidding for anchor investors will open for a day on February 13, the company announced. The company's valuation has been pegged at nearly Rs 3,300 crore at the upper-end of the price band. The initial public offering (IPO) comprises a fresh issue of equity shares aggregating up to Rs 225 crore and an offer-for-sale (OFS) of 1.5 crore equity shares valued Rs 634 crore at the upper-end of the price band. This aggregates the issue size to Rs 859 crore. As part of the OFS, promoter Chitra Pandyan will offload shares of the company. The Pandyan family holds 100 per cent stake in Maharashtra-based Quality Power. Proceeds from the fresh issue would be utilised for the acquisition of Mehru Electri
The Solarium Green Energy IPO consists of a fresh issue of 54,99,600 equity shares, and is available at a price band of Rs 181-190 per share, with a minimum lot size of 600 equity shares
Ajax Engineering IPO: Check price band, lot size, GMP, allotment date, listing date, brokerages' reviews, and other key details
From opening to allotment to listing, here is the complete list of IPOs that will keep primary market investors busy next week
Ken Enterprises IPO consists of a fresh issue of 6,199,200 equity shares and an offer for sale of 2,700,000 equity shares
The public offering of Hexaware Technologies will also become the largest IPO by an Indian IT services company, surpassing the previous record held by TCS, which raised Rs 4,713 crore in its 2004 IPO
Once the allotment is finalised, investors can check the status on the official websites of NSE or Kfin Technologies, the registrar for the issue
Solarium Green Energy IPO will remain available for public subscription till February 10, 2025. Check price band, lot size, subscription status, GMP, allotment, listing date and more
Available at a price band of Rs 47-50 per share, with a minimum lot size of 3,000 shares, the Rs 14.60 crore SME offering has witnessed strong investor demand
Rs 14.60 crore SME IPO, launched on Tuesday, February 4, is priced between Rs 47-50 per share, with a minimum lot size of 3,000 shares
Chamunda Electricals unlisted shares were trading at around Rs 61 apiece, indicating a grey market premium (GMP) of Rs 11 or 22 per cent over the upper end of the IPO price band
Indogulf Cropsciences IPO comprises a fresh issue of up to Rs 200 crore, and an offer for sale (OFS) with shareholders divesting up to 38,54,840 equity shares of face value Rs 10 apiece
FIIs sold shares worth Rs 3,958.37 crore on February 3, while DIIs bought shares worth 2,708.23 crore
The public offering, which closed its three-day subscription window on Friday, January 31, 2025, witnessed strong investor demand, with a subscription rate exceeding 146 times
Once the Dr Agarwal's Health Care IPO allotment is finalised, investors can check their status on the official websites of BSE, NSE, or Kfin Technologies, the registrar for the issue
Economic Survey 2025: India's share in global IPO listings, meanwhile, surged to 30 per cent in 2024, up from 17 per cent in 2023
The Small and Medium-sized Enterprise (SME) segment, however, is poised to keep investors engaged, with one listing and five new offerings set to open for public subscription during the next week
Among investor categories, only Qualified Institutional Buyers (QIBs) have fully subscribed to their reserved portion at 1.01 times
Malpani Pipes and Fittings IPO, which opened for public subscription on Wednesday, January 29, 2025, is set to close today, Friday, January 31, 2025
Private equity firm's planned listings come as it continues focus on mid-market buyouts