Page 29 - Initial Public Offerings Ipos

Senores Pharmaceuticals IPO zooms 38% ahead of launch; key details from RHP

As investors await the opening of the subscription window, here are the key details of the Senores Pharmaceuticals IPO, as disclosed in the Red Herring Prospectus filed by the company

DAM Capital Advisors IPO crosses halfway mark; Check latest GMP, review

DAM Capital Advisors' unlisted shares were trading at Rs 431 apiece, reflecting a grey market premium (GMP) of Rs 148, or 52.3 per cent against the upper end of the IPO price of Rs 283

Transrail Lighting gets Rs 246 crore mobilised from anchor investors

Transrail Lighting Ltd has mobilised Rs 246 crore from anchor investors including ICICI Prudential Mutual Fund and Tata Mutual Fund. Apart from these, Winro Commercial (India) Ltd, Bengal Finance and Investments, SBI General Insurance Company and LIC Mutual Fund are the top anchor investors, according to a circular uploaded on BSE's website. As per the circular, Transrail Lighting has allotted 56.94 lakh shares to 19 funds at Rs 432 apiece, which is also the upper end of the price band. This aggregates the transaction size to Rs 245.97 crore. The Rs 839-crore IPO is available for public subscription from December 19 to December 23. The price band has been set at Rs 410-432 per share. The company's proposed IPO is a combination of a fresh issue of shares worth Rs 400 crore and an offer for sale of 1.01 crore equity shares by a promoter Ajanma Holdings Private Ltd. At present, Ajanma Holdings holds 83.22 per cent stake in the Mumbai-based company. At the upper end of the price ba

NACDAC Infrastructure IPO ends today: Subscription zooms 600x, GMP up 114%

NACDAC Infrastructure shares were trading at Rs 75 apiece, reflecting a grey market premium (GMP) of Rs 40 or 114.29 per cent against the upper end of the IPO price band of Rs 35

Concord Enviro IPO opens today; Check GMP, price band: Should you bid?

The Concord Enviro IPO is a book-built issue, with a total size of Rs 500.33 crore. Concord Enviro IPO is structured as a combination of a fresh issue and an offer for sale (OFS)

Transrail Lighting IPO opens today, Dec 19; Should you bid or avoid?

Transrail Lighting IPO: In the OFS, promoter Ajanma Holdings Private Ltd will sell 10.1 million shares. At present, Ajanma Holdings holds an 83.22 per cent stake in the Mumbai-based company

Mamata Machinery IPO opens today: GMP up 82%; Should you subscribe?

Ahead of its public offering launch, unlisted shares of Mamata Machinery were commanding a strong premium in the grey market, indicating favorable sentiment for the IPO

Solar sector deals likely to pick pace in 2025, say industry officials

As of October, nearly 10 leading RE companies in India were actively seeking buyers for 20 GW capacity

DAM Capital Advisors IPO GMP zooms 38% ahead of launch; Should you apply?

DAM Capital Advisors IPO is set to open for public subscription on Thursday, December 19, 2024. Check IPO details, GMP, key dates, brokerage reviews, and more

Hamps Bio IPO allotment today: Check status, GMP, and listing schedule

The unlisted shares of Hamps Bio were trading at Rs 106, reflecting a grey market premium (GMP) of Rs 55, or 107.84 per cent over the IPO price of Rs 51

Vishal Mega Mart IPO listing today: Shares debut with 33% premium on NSE

Ahead of the listing, the company's shares were trading at Rs 100, reflecting a premium of Rs 22 or 28.21 per cent over the issue price of Rs 78, revealed sources tracking grey market activities

IGI IPO allotment today: Check status, GMP, expected listing price

Once the allotment of International Gemmological Institute (India) IPO shares is finalised, investors can check their status on the official websites of BSE, NSE, or Kfin Technologies

Mobikwik IPO listing on December 18: Here's what latest GMP indicates

Mobikwik shares are scheduled to make their D-street debut on Wednesday, December 18, 2024. Grey market trends suggest a bumper start for the company's shares on the bourses

Vishal Mega Mart IPO GMP and listing forecast: What to expect on debut day?

The unlisted shares of Vishal Mega Mart continue to command a strong premium in the grey market, indicating a favorable listing. Here's what market experts expect from the company's D-Street debut

IGI IPO closes today: Check subscription status, GMP, and listing schedule

International Gemmological Institute (IGI) IPO, which opened for public subscription on December 13, 2024, closes today. Find the latest subscription status, GMP, allotment and listing dates here

Inventurus Knowledge Solutions IPO allotment: Check status, GMP, and more

Once the allotment is finalised, investors can check the IKS IPO allotment status on the official websites of the BSE, NSE, or Link Intime India, the registrar for the issue

LG mulls raising India unit valuation to $15 bn from $13 bn ahead of IPO

The company is planning to start a formal roadshow for LG Electronics India Pvt's IPO within the next two months and is targeting a listing in the first half of 2025

Upcoming IPO: Anand Rathi's brokerage arm files draft papers with Sebi

With the IPO, Anand Rathi Share and Stock Brokers is planning to raise up to Rs 745 crore, which comprises an entire fresh issue of shares with a face value of Rs 5 apiece

Mobikwik IPO allotment today: Check status, GMP, expected listing price

The unlisted shares of Mobikwik were trading at Rs 444, reflecting a grey market premium (GMP) of Rs 165 or 59.14 per cent over the upper end of the IPO price band of Rs 279

GK Energy files draft IPO papers with Sebi, aims to raise Rs 500 cr

Solar-powered agricultural water pump systems provider GK Energy Ltd has filed preliminary papers with markets regulator Sebi to garner funds through an initial public offering (IPO). The proposed IPO of the Pune-based firm is a combination of fresh issue of shares worth Rs 500 crore and an Offer-for-Sale (OFS) of 84 lakh equity shares by selling shareholders, the draft red herring prospectus (DRHP) showed. The company plans a pre-IPO placement of shares aggregating to Rs 100 crore. If the pre-IPO placement is completed, the fresh issue size will be reduced. According to the draft papers filed on Friday, proceeds from the fresh issue to the tune of Rs 422.46 crore will be used to fund its long-term working capital requirements and the remaining funds for general corporate purposes. GK Energy Ltd is a leading pure play provider of engineering, procurement, and commissioning (EPC) services for solar-powered agricultural water pump systems. These solar-powered agricultural water pump