Page 26 - Initial Public Offerings Ipos

Markets Today: Dec PMI; FIIs; Wall Street up; Standard Glass Lining IPO

At 6:35 AM, GIFT Nifty futures were trading merely 4 points higher at 24,096, hinting at a flat to positive start for the day

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 ...

Film producer Vipul Shah's Sunshine Pictures files for IPO to raise funds

Film and television producer-director Vipul Shah-backed Sunshine Pictures Ltd has filed draft papers with the market regulator Sebi to raise funds through an initial public offering (IPO). The IPO comprises a total offer size of 83.75 lakh equity shares including a fresh issue of 50 lakh shares and an Offer-for-Sale (OFS) of 33.75 lakh shares by promoters, according to the draft red herring prospectus (DRHP). Promoter Vipul Amrutlal Shah is proposing to sell 23.69 lakh shares, while Shefali Vipul Shah plans to offload 10.05 lakh shares. The company plans to utilize the proceeds from the fresh issue to meet its long-term working capital requirements, allocating up to Rs 94 crore to support future growth and operations, along with other general corporate purposes. Additionally, the listing of its equity shares on the stock exchanges is expected to enhance the company's visibility, strengthen its brand image, and create a public market for its shares in India. Sunshine Pictures is on

Technichem Organics IPO allotment today; check status, GMP, listing date

In the grey market, the unlisted shares of Technichem Organics were quoted trading at Rs 70, representing a 27.27 per cent premium over the upper IPO price of Rs 55

Indo Farm Equipment IPO allotment today; check status, GMP, listing date

Once the allotment of Indo Farm Equipment IPO shares is finalised, investors can check their status on the official websites of BSE, NSE, or Mas Services, the registrar for the issue

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

Indo Farm Equipment IPO Day 3; check subscription status, GMP, key details

the unlisted shares of Indo Farm Equipment were trading at Rs 305 apiece, reflecting a grey market premium (GMP) of Rs 90 or 41.86 per cent per share over the upper end of the IPO price band of Rs 215

Upcoming IPO! A-One Steels files draft papers with market regulator

The public offering comprises a fresh issue of equity shares worth up to Rs 600 crore, and an offer for sale (OFS) of shares aggregating up to Rs 50 crore by promoters

Quadrant Future Tek IPO opens on Jan 7; key details for investors from RHP

Quadrant Future Tek IPO will tentatively remain available for subscription from Tuesday, January 7, 2025, till Thursday, January 9, 2025

Standard Glass Lining IPO opens on Jan 6: Check GMP, dates & other details

As the Standard Glass Lining IPO approaches, here are the key highlights from the company's RHP that every investor should know

Citichem India IPO allotment today; check status, GMP, and listing schedule

Once the allotment of Citichem India IPO shares is finalised, investors who applied for the public offering can check the allotment status on the official websites of BSE, and Kfin Technologies

Indo Farm Equipment IPO Day 2: Subscription rises 17x, GMP zooms 44%

Indo Farm Equipment IPO has received an enthusiastic response from investors, being oversubscribed by 17.70 times on the first day of subscription

Leo Dry Fruits IPO opens today; check price band, lot size, GMP, key dates

Leo Dry Fruits IPO opens for public subscription today and will remain available until Friday, January 3, 2025. For issue size, lot size, price band, and other key details, check here

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

Upcoming IPO: Gem Aromatics files draft papers with market regulator

Gem Aromatics IPO comprises a fresh issue of shares worth up to Rs 175 crore, and an offer for sale (OFS) of up to 89,24,274 equity shares, with a face value of Rs 2 apiece

Upcoming IPO: Refrigeration sealing solutions provider Ajay Poly files DRHP

The IPO will include a fresh issue of shares worth Rs 238 crore and an offer for sale (OFS) of up to 9.3 million equity shares by promoters

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

Anya Polytech IPO closes today; Subscription rises 47x, GMP zooms 28%

Unlisted shares of Anya Polytech were quoted at Rs 18 per share, reflecting a grey market premium (GMP) of Rs 4 or 28.57 per cent against the upper end of the IPO price of Rs 14

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

Neilsoft files IPO draft with Sebi to raise funds via public offering

Neilsoft, a technology-driven engineering services and solutions company, has filed draft papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The Pune-headquartered company's IPO is a combination of a fresh issue of shares worth Rs 100 crore and an offer for sale (OFS) of 80 lakh shares by promoters and other selling shareholders, according to the draft red herring prospectus (DRHP) filed on Thursday. Those selling shares in the OFS include Small Industries Development Bank of India and SICOM Ltd. Proceeds from the fresh issue to the extent of Rs 69.63 crore will be used for funding of capital expenditure. Besides, a portion will be utilised for general corporate purposes. Founded in 1991, Neilsoft provides customised engineering services, including AEC design solutions, industrial plant design, and manufacturing equipment and production line design. It also offers Engineering Process Outsourcing (EPO) services and develops tailored .